Pls also has a long term (5 year) borrowing of $115 million shown on Page 203 of the 2023 Annual Report,
plus there is $$82 million Convertible bonds which is probably those issued to Posco (the parent company) to cover the $79 million (plus accruing interest) to cover our 18% share in the hydroxide converter Joint Venture.
Note that the $683 million balance of the JV has been financed with loans from two South Korean banks.
Cantankerous James
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Pls also has a long term (5 year) borrowing of $115 million...
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