PEX 0.00% 12.0¢ peel mining limited

Ann: Change in substantial holding, page-20

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  1. 5,285 Posts.
    lightbulb Created with Sketch. 505
    Great analogy with the dog there LOC smile.png

    It reminds me of my Kelpie i had as a kid. She hated with a passion the possums that lived on our property.One day she managed to catch one ( blind bloody luck more than skill ) but instead of ripping it to pieces as we thought she would, both her & the possum just sat there looking at one another. Both unsure of what to do next. A bird landed nearby, the dog was distracted, the possum ran back up the nearest tree & that was that. Opportunity missed !

    Upon reading the latest news release i was a little disappointed when i read....

    https://hotcopper.com.au/data/attachments/2390/2390078-b84851f5b20d217ac111d33df3338ada.jpg
    I thought here we go again. More drilling not really interested in mining anything, not interested in cash flow.

    I still maintain & totally agree with pfuzzy, that their game plan here is not mining. But looking to prove up resources hoping to make themselves a compelling target for a predator. But that is a strategy that could take years to come to fruition. Markets are fickle beasts. They are pricing in good times now. But that could turn on a dime.
 
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Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $69.73M
Open High Low Value Volume
11.5¢ 12.0¢ 11.5¢ $24.67K 208.1K

Buyers (Bids)

No. Vol. Price($)
2 138407 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 21914 1
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
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