I haven't read the announcement except for the headlines and that was enough for me...
But someone mentioned that announcement says this funding won't be needed untill next year or so...
Now if the lithium prices start to go up swiftly, then it wouldn't surprise me that big carbonate /hydroxide players start paying to secure the supply...
Current production is secured for sale...but the expansion product is still open...so more offtakes with some $$ are welcome..
Also wanted people to know, that Aus super has taken a position in PLS a few months ago ..the last time they did that ...the stock ran from 38 odd cents to $5.7...
Who knows we might have a spectacular run sooner or later...
Imo dyor
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Ann: Kathleen Valley Debt Facility, page-101
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