PLS 1.69% $3.00 pilbara minerals limited

Pilbara Minerals raises $132m to fund lithium mine, page-104

  1. 3,910 Posts.
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    Hi Mustpow,

    "A little more cash is necessary and it is better to do it now."

    You might be right about more cash being necessary. It'll play out eventually.

    I suppose the other factor to consider is DSO sales. Maybe management is waiting to see whether something can be sort out there.

    If further funds are needed, the possibility of DSO cash flows could be the reason a CR isn't being done right now.

    Cheers!
 
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