PLS 2.01% $2.92 pilbara minerals limited

-Arms length Offtake for ~20 years- Economic interest in...

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    -Arms length Offtake for ~20 years
    - Economic interest in downstream margins
    - Capital funding - 79M convertible bond at 150 bps over RBA rate + bullet payment at the end of term
    - Working capital funding
    - upto 65% Debt financing from Korean banks leveraging POSCOs balance sheet and relationships
    - Option to exit if overrun or increase stake for upto 18 months after ramp up.

    These T&Cs are heavily in favor of PLS. I am so happy with this announcement and couldn't be more proud of my investment in PLS.
 
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$3.00 $3.01 $2.91 $68.57M 23.32M

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