Yes, the payability rates vary throughout the cycle and are fixed for the duration of the offtake period. However, any offtake agreement will still be linked to the spot price, which can vary even more.
Put another way, the payability rates would be fixed but the underlying price per tonne sold would float per shipment, based on underlying spot price movements.
We would never be locked into a fixed absolute sales price. That's not how it works.
Yes, the payability rates vary throughout the cycle and are...
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Last
0.4¢ |
Change
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Mkt cap ! $16.81M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $4.059K | 836.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 65801421 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3528046 | 10 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| POS (ASX) Chart |