PMET jumped pass $16 overnight. About $1 from its all-time high. IMO, I think it will go for a solid run after the past 3-4 month consolidation in the $13-$15 range.
More assays in a couple weeks.
More B.O rumors and maybe even more actual deals like the AKE/Livent deal last week.
As from the investor interest from the GC presentation and that momentum, plus I feel a overall market interest with the MRE.
I just think the supply /demand kicks in.
Looking at LTR as a floor. The majors, whether they be a car makers, miners or battery makers are looking at a $4B plus usd offer as a floor.
My hope is PMT mgmt. are clever and just sell CV5 for that amount.
The MRE is due mid July. We are a couple weeks away from June. What happens to PMT's sp as investors and others take their positions?
I think everyone should review PMTs ASX releases the past 6 months. Watch the interviews
with mgmt. and read the recent presentation.
Then ask yourself after all that...
Why Ken Brinsden joined PMT?
Did he do his due diligence?
Even if PMT stopped drilling this second. What's it worth?
Then add they'll like drill another 30,000 to likely 40,000 in the next 6 months on CV5 and 3 to 5 other outcropping areas.
Well, IMO...this is going to be a once in a 10 year opportunity.
One thing I think we all agree on, even the downrampers is PMT is going to be much, much higher than it is today in the next 3-6 months.
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