PEX 7.69% 14.0¢ peel mining limited

Market Value Opinion, page-7

  1. 2,278 Posts.
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    Cusox
    Interesting observation, IMO I think it's too early for any considered take over, the first obstacle I see is Hampton Hill Mining NL and Assoc hold 15.9%, a potential take over blocker in it's own right, also St Barbara Ltd hold 9.9% it wouldn't take many shares to push it over 10% also another potential take over blocker, unless their is collaboration between the major stake holders I don't think is on the radar, only my opinion though. I think the co needs to grow it's resource to make it a mineable & a profitable operation. But who knows what the future holds. DYOR

    Colonnade
 
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