PEX 13.0% 13.0¢ peel mining limited

Ann: Robust Resource at Wagga Tank-Southern Nights, page-8

  1. 3,657 Posts.
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    Hi,

    The resources are not much different to what Barry FitzGerald postulated in his article i.e between 500,000 to 750,000 tonnes at 25% zinc eq. As per the graph, there are 579,000 tonnes at 25% zinc eq. The share price at that time was around 80 cents.

    The question to ponder is

    - the resources are in the ballpark as expected by market. So what can be the reason of market total dis interest in the share?

    Could it be due to broken promises or
    Poor marketing by writing war and peace or
    Failure to show market how it can be monetised or
    Something else
 
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