WAF 1.08% $1.37 west african resources limited

WAF valuation, page-16

  1. 10,544 Posts.
    lightbulb Created with Sketch. 4135
    looking at this funding package.
    Why would there be an "offtake agreement for 1.25 million ounces at the prevailing spot price which is subjected to an agreed quotation period"
    What and why is there "an agreed quotation period"for prevailing spot.
    Is someone trying to secure the supply of gold bullion in case they can't find it elsewhere?
 
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Last
$1.37
Change
-0.015(1.08%)
Mkt cap ! $1.558B
Open High Low Value Volume
$1.40 $1.43 $1.37 $3.826M 2.759M

Buyers (Bids)

No. Vol. Price($)
1 11685 $1.37
 

Sellers (Offers)

Price($) Vol. No.
$1.38 49905 1
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