The sorbent point makes this refi even more impressive.
The cash on hand helps with the cash sweep if triggered but you have to wonder if there are other catalysts around the corner that got the financiers comfortable.
Given the pricing trajectory of spodumene, lack of take or pay with price floor, no ability to hedge....
It's a big ask.
Suspect there is more news coming.
Aimo
Ann: Quarterly Activities Report, page-23
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |