Back in March MIN invested 15Million for 5% approx interest to become the main share holder for GL1 and also sold its 7% holding of PLS (no doubt making a tidy profit) Maybe PLS could take out a similar 5% interest in GL1 since that would cost only 10Million now (if there's plenty spare cash)
I am sure the BOD will find good use for it regardless. Perhaps buy an interest in MIN since they'll be opening their lithium mine operation soon (i.e. Just pay-back for no doubt taking advantage of our higher auction prices).
Disclosure - l hold PLS, PL1 and MIN
Ann: Result of BMX Auction, page-106
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Last
$2.67 |
Change
0.310(13.1%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.77 | $2.53 | $172.5M | 64.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 295865 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 2000 | 1 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |