PLS 1.37% $2.88 pilbara minerals limited

$150m CR raising rumour (an update), page-13

  1. 9,133 Posts.
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    Hi No 61, yes difficult to get the jist of the message across, with something different. I really am appreciative though of a confirmation of what Ken told me though. Even if they were thinking along those lines, it is now as dead as a dodo if there had been any feelers put out.

    With 11,000 shareholders there are a couple of outside the square ways to raise any cash that is needed with some type of borrowing. People I know would be so excited to be able to earn 7-8% which would be cheaper than anything the company could get out in the market, but more than most people can find with $50-100k or more.

    I've got some term deposit cash earning a huge 3% and in 6 figures, so I would way prefer to take some type of shareholder bond or something like that in what I consider a 100% safe investment.
 
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