i think if FL placed Mitsubishi at a 60% premium then WR1 could probably place a strategic at a 100% premium. They would provide working capital (say 40m shares at 2.50 = 100m AUD) + a commitment to provide cheap debt-financing for WR1's minimal capex requirement. This would be in return for say 160-180ktpa SC offtake (enough for 20ktpa chemicals) ar a reasonable floor price. WR1 could then sell the remaining offtake rights later and/or do auctions. That's the sort of deal I'm anticipating.
i think if FL placed Mitsubishi at a 60% premium then WR1 could...
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Last
$1.26 |
Change
0.005(0.40%) |
Mkt cap ! $239.4M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.29 | $1.24 | $751.6K | 600.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16852 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 3997 | 1 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.26 |
Change
0.005 ( 0.59 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.28 | $1.24 | 117087 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| WR1 (ASX) Chart |