PLS 1.05% $2.82 pilbara minerals limited

PLS has a 140million dollar debt fully drawn.has a 12% interest...

  1. 21,658 Posts.
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    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.

 
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