PMT 1.49% 49.8¢ patriot battery metals inc.

Ann: Patriot Expands High-Grade Vega Zone at CV13, page-21

  1. 292 Posts.
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    The way things are trending and with myself having purchased substantial lots of Patriot Battery Metals shares at up to 3 times the current ASX price, this has turned out to be a disastrous 'investment'. Albemarle, also having 'invested' A$123m into this company at around A$1.51 not all that long ago would also be highly disappointed, now having ended their contractional relationship with PMT. The share price would have to increase by 200% for me just to enter the green zone again, without having to declare a single cent in profits to the ATO. Whilst I respect the reputation of the new PMT CEO, the relative sluggishness of him/them in releasing the core results of the outstanding drill holes is frustrating. Of course, there will be investors celebrating if the share price increased by just 10% from here on, but I for one would not be moved or all that reassured.
 
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