PLL is full of risk at the moment it really doesn’t look like they will get any project into production for around 2-3 years.
So they really are going to have to rely on production from SYA.
They won’t be getting any SC6 from SYA until July 2003 so they just might not have the funds to develop Ghana. They have to commit $20mil for the NAL don’t they? and depending on their current cash burn it doesn’t look like they will have enough in the bank for Ghana.
They desperately need the SYA offtake so if there is any contractual delay with BL and SYA then all their projects get delayed further.
A CR would be disastrous for their share price so I can see why KP may be looking a bit nervous, things are at a very precarious point for PLL.
PLL is full of risk at the moment it really doesn’t look like...
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.0¢ |
Change
0.003(8.11%) |
Mkt cap ! $411.7M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 4.0¢ | 3.6¢ | $3.200M | 82.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1663807 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 2719252 | 18 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
|
|||||
|
Last
4.0¢ |
Change
0.003 ( 8.99 %) |
||||
| Open | High | Low | Volume | ||
| 3.7¢ | 4.0¢ | 3.7¢ | 35265321 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| SYA (ASX) Chart |