PRX 50.0% 0.3¢ prodigy gold nl

Ann: Significant Upgrade for Old Pirate sets ABM , page-19

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  1. 672 Posts.
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    re: Ann: Significant Upgrade for Old Pirate s... Nabaru - Its one step at a time for ABM, and I certainly don't think there is any "hype" in the share price, rather more boredom and perhaps a little excitement from a select few that Australia may potentially deliver another profitable gold junior..

    NST is the most recent example (with an EV p/Oz at its high of something like A$500), and as we all know - the market often pays up for quality Australian assets given they can become genuine takeover targets. I would refrain from price predictions too early - the trial mine should provide a significant short-term catalyst. If this project succeeds, I think the price action may well surprise all of us.
 
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