PLS 6.59% $2.41 pilbara minerals limited

Pilbara Minerals raises $132m to fund lithium mine, page-78

  1. 1,722 Posts.
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    If 'you' are Australia's next best thing in Lithium, then rightly so, you should attract some attention...

    While all is only speculation, I am keeping my eye on relationship between LIT, MIN and GF in Mt Marion.
    MIN - aggressive player with grounds close to us, 43.1% owner of Mt Marion is facing possible lost of their holdings to LIT in few years time (as per initial agreement with RIM) , substantial shareholder of PLS with a right to increase their shareholding from December 2017.
    GF - as per BOA, also soon a shareholder of PLS and "partner" with MIN in Mt Marion with huge ambitions as lithium producer.

    Both GF and MIN recently refused to buy LIT stake in Mt Marion.

    Would not surprise me if both would make a joint takeover of PLS in 2018.
 
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