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.
Ann: Financial Report for 30 June 2019, page-163
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$2.90 |
Change
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Mkt cap ! $8.732B | |||
| Open | High | Low | Value | Volume |
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