PLS 0.19% $2.69 pilbara minerals limited

Ann: Financial Report for 30 June 2019, page-163

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 21,898 Posts.
    lightbulb Created with Sketch. 699
    PLS has a 140million dollar debt fully drawn.
    has a 12% interest rate to pay on that debt.
    there is no near term solution to increasing shippment of the lithium. Cash will disappear soon.
    its either a cap raise or partnering.
    if they dont want to do a deal then it should be a cap raise.
    so why are they not doing it at 70c,60,50c,40c,...
    share price?
    yes thats right, lets wait till we get to 15c.
    sounds good to me.

 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.