PNX 0.00% 0.4¢ pnx metals limited

Chart, page-32

  1. 3,183 Posts.
    lightbulb Created with Sketch. 835
    Prior to the DFS a few more items will have played out, in less than 3 months time the Kirklands clawback decision will be known for Hayes Creek and this latest Zinc drill campaign (hopefully focused more around Moline than Hayes Ck) should have been assayed aswell. If the Zinc market continues to strengthen it puts a lot more weight behind the current PFS, but obviously that is out of the managements hands.

    I admit they aren't showing a lot of urgency regarding the DFS but I don't think it's in shareholders best interests to spend much more on Hayes Creek until the above decision has been made as they would basically be funding free research for Kirklands to make their decision.

    If you didn't buy up in the SPP and you like their assets this is the right time to accumulate.
 
watchlist Created with Sketch. Add PNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.