WAAAAAAAAAAAY to much emphasis on DER and the permit imo. It is not a make or break for the company. It's a short term cash source, which is preferrable I agree, to the alternative of raising cash through placement (with a cornerstone most likely) if needed to tie us over. We are talking $500k a month lost earnings from TT, to PLS, which is small change when looking at the overall picture here ($8B in ground resource!?!). Worse case scenario, it stretched for what say 3 months, highly unlikely, equates to lost income of $1.5mill? Issue 30 mill shares at .05
DER Approvals, page-6
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Last
$2.91 |
Change
0.065(2.29%) |
Mkt cap ! $8.460B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.92 | $2.80 | $30.50M | 10.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 281365 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 24788 | 19 |
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| Last trade - 13.13pm 21/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |