Goes to show what you guys know about PLL. They're earning in to 50% of Atlantic Lithium's projects. This is in addition to their ~10% shareholding in the Atlantic Lithium company.
To help fund their own projects, in addition to the NAL off-take (which will provide them with great cashflow over the short-term until NAL refining), they can liquidate their SYA stock, which is almost inevitable. Similar to how Sandfire Resources sold their ~16% stake that they held in a similar mining company, to fund their own projects. I think we'll see PLL divest their SYA shareholding to an institution over the next 12 months.
I still remember you royally roasting me over my 30% SYA dilution over the next 24 months assumption, when I projected SYA's future valuation. A couple of months in and we've just seen 15% dilution off the bat - and that won't cover Moblan capex. If you think PLL are going to be in a tight spot for funding, you may want to look a bit closer to home.
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2.7¢ |
Change
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Mkt cap ! $277.9M |
Open | High | Low | Value | Volume |
2.2¢ | 2.7¢ | 2.2¢ | $1.380M | 55.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 950660 | 2.6¢ |
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Price($) | Vol. | No. |
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2.7¢ | 4484315 | 19 |
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No. | Vol. | Price($) |
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6 | 950660 | 0.026 |
17 | 4448419 | 0.025 |
20 | 7800858 | 0.024 |
13 | 6010651 | 0.023 |
40 | 6109025 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 4484315 | 19 |
0.028 | 6003555 | 19 |
0.029 | 3878676 | 15 |
0.030 | 15239372 | 31 |
0.031 | 11508445 | 6 |
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