PEM 0.00% 35.0¢ perilya limited

anyone watching this one?, page-7

  1. 8,265 Posts.
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    yes i did note it was for the secondary or a mineral resource which was basically an outcome of mining its major resource on the Broken Hill site.


    sets them up nicely financially and i am paying close attention to Korea Zinc's interest in PEM......who are now the largest shareholder in PEM.

    I like Jubbers' approach to keeping an eye on the commodity cycle and concentrating of cash generating resources...such as Daisy.

    It appears he is setting PEM up for some potential expansion once he has set up a solid cash flow base.

    Interesting play at 80c.....for me anyway.

    a nice 20% uptick in the short term would make me happy........with a view to re assessing my holdings once it reaches the $1 level.



 
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Currently unlisted public company.

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