Funny how you need to discuss AJM. They have done exactly what they should have and done a $40M CR with their largest BOA partner. That.... is how you handle things the right way. The balance they are trying to do with debt.
You better hope PLS don't do another cheap CR for the balance of the funds they need to build a mine IBB.
The other debt you speak about is vendor debt and can and has been postponed on numerous occasions until there is some value in the old coal asset.
But of course you know all that...
Funny. The same group that attacked me when I was explaining what the dilution of cheap CR's would do to stagnate the PLS SP back in 2015. The same ones telling everyone things were great and clapping at the rampers $2 estimates.
Whole lotta love for Lithium 2016, page-81
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Last
$2.83 |
Change
0.035(1.25%) |
Mkt cap ! $8.352B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.83 | $2.77 | $22.60M | 8.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 184921 | $2.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.83 | 438666 | 51 |
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| Last trade - 12.08pm 31/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |