Hey Kip, I would be more than happy with anything above 20k (it should be higher, but who knows, others than those that work at the plant etc).
You are right, the share price rise has been impressive, albeit, many other companies have seen good gains, just over a longer period of time.
PNR has been a massive laggard compared to the sector....
As for the cash position, I would like to think an additional $5-10m is achievable, but... we will see.
Ideally, PNR is going to come out with a very impressive quarterly... highest Quarterly production, hit commercial production... added cash.. new contractor performing well, Scotia U/G Dev on the go and sale of HallsCreek. To date PNR has not been an easy stock to hold, but... as @wassa has pointed out, they are heading in the right direction (just a matter of how quickly).
MQ24 Production and Cashflow Estimates, page-2
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Last
9.1¢ |
Change
0.004(4.60%) |
Mkt cap ! $473.5M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 9.4¢ | 8.5¢ | $3.138M | 34.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 580847 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 42464 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
9.0¢ |
Change
0.004 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 9.4¢ | 8.6¢ | 33423271 | ||
| Last updated 16.02pm 17/05/2024 ? | |||||
| PNR (ASX) Chart |