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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Goes to show what you guys know about PLL. They're earning in to...
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2.6¢ |
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Mkt cap ! $262.4M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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21 | 7332091 | 0.024 |
16 | 6575651 | 0.023 |
40 | 5421510 | 0.022 |
36 | 7019229 | 0.021 |
Price($) | Vol. | No. |
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0.026 | 1610988 | 12 |
0.027 | 5509098 | 21 |
0.028 | 6904564 | 21 |
0.029 | 3529751 | 15 |
0.030 | 15239372 | 31 |
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