PLS 5.69% $3.16 pilbara minerals limited

Ann: PLS Payment of Deferred Consideration for ALO Acquisition, page-65

  1. 284 Posts.
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    Borrow $20M and repay £153M within 12 months to double the cost of buying the ALO mine.

    Excellent negotiating by the vendors. Whoever advised PLS should not be used again as a maximum value should have been put on this. Yes we've all done very well since but if PLS is to do more deals in the future I hope they have learnt from this stuff up.
 
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