PEX 6.06% 10.5¢ peel mining limited

Ann: ST BARBARA TAKES 9.5% STAKE IN PEEL, page-30

  1. 3,428 Posts.
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    Management of this company is on the ball so I think you'll see a regular flow of news positioned to increase the value or perceived value of the company and start to place pressure on the JV partners to make a seriously substantial offer ... I'd expect a JORC resource upgrade as probably the next step after release of the next lot of drilling results.

    I see that SFR has obtained permission to mine Monty and has entered into an agreement with TLM to purchase their 30% share in an off take agreement. Another potential scenario for PEX.
 
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