For all those that have recently joined in, welcome to the best kept gold play secret on the ASX with an incredibly switched on top 20 and headed by Warwick Grigor.
An announcement should be out soon with the completion of our due diligence, quickly followed by RC drilling to proof up what we have... certainly some exciting news flow ahead for holders.
Now, throw in our GP Hydro investment that will net us some profits in the background while the drill bit is turning but in case that's not enough for you....
Did I mention we also have a 303 million tonne coking coal resource next to a major coal play in Elko, Canada?
Coking coal is currently trading at $136US/tonne, up 22% from last month, however still incredibly undervalued in the current climate previously trading at $179US this time last year and $207US in 2018.
Feel free to get your calculator out and work out what the value of that resource is even at todays discounted rates.. and what a sale of that resource could do to our market cap. Hint, there's a lot of 0's there.
Brace yourselves, this run will be a big one.
PAK Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
