They need to pay down some of the trade debt. $58m in short term liabilities is more of a risk to the company than the debt funding component due next year.
I expected $20m upfront as I thought MIN would screw PNR hard considering the fragile financial state of the company, so this is a good outcome imo even if it robs them of some blue sky potential in future. Anything that removes further dilution is a good thing as there is already 5.2b soi
Ann: Sale of Lithium and Base Metal Rights for up to $60M, page-9
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Last
$3.82 |
Change
0.110(2.96%) |
Mkt cap ! $1.476B | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.82 | $3.71 | $1.945M | 518.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2138 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 2183 | 6 |
View Market Depth
| Last trade - 12.30pm 30/07/2025 (20 minute delay) ? |
| PNR (ASX) Chart |