I read the following in PLS thread tiday I states 2 january 2019 PLs right to participate as a JV partner with Posco required to be excersised on or before 28 Feb 2019 with the final documents and board approval to be completed in May 2019.
26 Feb 2019 conferance
PLS says due diligence underway with board approval deceision to participate and JV terms to be completed by end of March 2019.
There is no announcement to say PLS have excersised their right to participate before 28 Feb 2019. I speculate the reason for PLs to bring forward the du diligence and board approval to end of March is GXY have made better offer to PLS as Ijcamp suggested
GXY Price at posting:
$2.17 Sentiment: Buy Disclosure: Held