PLL 0.00% 18.0¢ piedmont lithium inc.

PLL General Discussion, page-2130

  1. 11,063 Posts.
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    C'mon Vod ... PB stepped down because PLL no longer holds the required % for a board seat under the investment agreement in ALL.

    JHC do a bit of research .. from the PLL investment earn-in agreement with IRR Jul 1, 2021
    https://hotcopper.com.au/data/attachments/5936/5936638-0e23727864fe29be20504029e02940bb.jpg

    Fly under the radar? You must be joking. It's a dispute over whether $1.2M was appropriately spent in development expenditure. It's not a blank check.

    As for "Where does this also then leave Piedmont in relation to any possible cash calls for NAL?"
    F'Me Vod are you aware of the Cash Balance PLL has?

 
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