PLS 3.02% $3.07 pilbara minerals limited

Anyone tell me what just happened?, page-88

  1. 8,740 Posts.
    lightbulb Created with Sketch. 2622
    Yes, PLS have no debt..

    They also have no way of generating an income right now either and unless they are lending out their $100 million they are not doing much with that either unless it is to be used as a war chest to manage the GAM/MIN situation which appears to have been blown off from the moment I presented it way back.

    Quite simply the next few days will come down to what MIN decides to present to Pilbara.

    There is the possibility that this company could end up in a long arbitration related to the first rights.

    Ganfeng won't be playing nice so it's going to be of great benefit to investors that this stock continues to remain volatile.
    Last edited by Thesi: 10/08/16
 
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