this may already be answered, however it is my understanding that WR1 only have to pay 95% of market value according to Asian Metal Market pricing - this is irrespective of if they manage to sell it at a much higher rate to another party.
So in the event that a buyer values it at an additional 10% - 20% due to demand and limited supply (this is where having a monopoly and being the only mine in the world comes into play) that is just a bonus for WR1 to rake in free cash.
think pilbara minerals lithium auctions
hopefully this is correct, or alternatively someone could provide a different understanding of the deal.
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this may already be answered, however it is my understanding...
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Last
59.0¢ |
Change
0.020(3.51%) |
Mkt cap ! $126.5M |
Open | High | Low | Value | Volume |
57.0¢ | 59.5¢ | 57.0¢ | $88.58K | 151.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6368 | 58.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.0¢ | 3060 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9168 | 0.585 |
3 | 33058 | 0.580 |
4 | 25882 | 0.575 |
5 | 33714 | 0.570 |
2 | 54200 | 0.565 |
Price($) | Vol. | No. |
---|---|---|
0.590 | 3060 | 2 |
0.595 | 61086 | 7 |
0.600 | 43305 | 5 |
0.605 | 9200 | 2 |
0.610 | 37807 | 2 |
Last trade - 11.19am 26/07/2024 (20 minute delay) ? |
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