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5.88% 3.6¢ morella corporation limited

Ann: PLS: Conditional Agreement to Acq. Altura Lithium Operations, page-455

  1. archview
    638 Posts.
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    04/11/20
    15:22
    Post #: 48639658
    This Board had form in taking some pretty aggressive positions. They were facing some real big issues back in 2014 with their Kalimantan coal projects and were heavily exposed to a USD16m vendor loan that was falling due for repayment. But for Pilgangora arriving and giving them the ability to raise cash, it may well have been pretty ugly.


    AJM Price at posting: 7.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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