Back in March MIN invested 15Million for 5% approx interest to become the main share holder for GL1 and also sold its 7% holding of PLS (no doubt making a tidy profit) Maybe PLS could take out a similar 5% interest in GL1 since that would cost only 10Million now (if there's plenty spare cash)
I am sure the BOD will find good use for it regardless. Perhaps buy an interest in MIN since they'll be opening their lithium mine operation soon (i.e. Just pay-back for no doubt taking advantage of our higher auction prices).
Disclosure - l hold PLS, PL1 and MIN
Ann: Result of BMX Auction, page-106
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Last
$2.79 |
Change
-0.130(4.45%) |
Mkt cap ! $8.398B | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.92 | $2.79 | $56.11M | 19.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 231594 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 28889 | 3 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |