A40 0.00% 8.2¢ alliance mineral assets limited

No Henry, the clause refers to them have to agree on the formula...

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  1. 1,641 Posts.
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    No Henry, the clause refers to them have to agree on the formula and pricing reference for each period, and if they can't, it defaults to $880.


    Lithium pricing is not transparent, so negotiations are involved.


    In theory A40 could play hardball and disagree with anything below $880, but that is what is known as a "bad faith negotiation" or a "d1ck move".

    Last edited by Sharpey: 15/01/19
 
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