-Arms length Offtake for ~20 years
- Economic interest in downstream margins
- Capital funding - 79M convertible bond at 150 bps over RBA rate + bullet payment at the end of term
- Working capital funding
- upto 65% Debt financing from Korean banks leveraging POSCOs balance sheet and relationships
- Option to exit if overrun or increase stake for upto 18 months after ramp up.
These T&Cs are heavily in favor of PLS. I am so happy with this announcement and couldn't be more proud of my investment in PLS.
Ann: Pilbara Minerals Finalises Agreements for POSCO DSJV, page-47
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |