14
Jul
05:22
Hawsons Iron submits call notice to LDA Capital
Australian iron ore firm Hawsons Iron has submitted a capital call notice to LDA Capital. It is targeting a AUD$10 million ($6.78m) equity draw-down under the terms of its strategic AUD$200m put option agreement with the US-based financier, Kallanish notes.
Hawsons managing director Bryan Granzien says the final pricing and amount to be raised would be determined in accordance with the terms and conditions of the agreement over the next few weeks.
“We are t…
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Very good overview of the weekly steel market.
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