What, not even a one percent buy on PNN with the charts? When they say there's only one certainty in life, I hope this never changes even
though many want to live forever. If not that, the 90 year old millenials will want to look like they did at 21 I reckon. Maybe Estee lauder will develop
creams for that in the next 75 years.
So PNN is no different to many in the Lithium sector. Argosy, the company that Mena aspires to be has dropped from 75cents and Sayona and Lake
have found the Loch Ness monster too. So is now the time to jump on board at distressed prices? One thing is certain, Mena and crew have got
PNN into a great position with their company tie ups but the market wants certainty about the ability to produce. The market does not fully
understand the tie up with Summit also but the time frame here is probably a major factor contributing to the share price. Slowly she does it.
Pink Slipper and the heritage laws must be a damn nightmare too. Remember this is a sector issue and sectors re rate appropriately.
How long this malaise will go on for is anyones guess but it will rebound. The healthcare sector is going allright at the moment but it has
been mediocre for a while. Conservation of cash is important for PNN and others. Rare earths certainly excited the market this year.
Just hold and lets await the Chinese connection here to see how the real money will develop PNN.
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