A few points to note when considering the current $12M PNN MC: - PNN holds mining rights over 40,000ha of potential lithium brine resources in the Salta province, in the same 'Lithium Triangle' as ORE ($1bn MC), AGY ($200M MC), and LKE ($45M MC at similar stage of development); - PNN has 7 projects across these tenements, any of which could be company-making; - Projects are close to road and/or rail transport links for easy offtake; - Drilling to start this month on Salar de Pular project; - Drilling permits lodged for project on Rincon Salar, with expected start in December 2017. - PNN also has nickel, copper, diamond and other base metal projects in Australia. Lithium brine companies shouldn't be rated based on size of tenements...all a company needs is one good project site to scale up quickly to 10Mt pa production, which is equivalent to the existing medium-sized players are currently producing. I reckon the market should get re-rating first thing Monday!
- Forums
- ASX - By Stock
- PNN
- Ann: September quarter activities and cash flow report
Ann: September quarter activities and cash flow report, page-27
-
-
- There are more pages in this discussion • 81 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNN (ASX) to my watchlist
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.03M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 75311 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 0.150 |
2 | 32192 | 0.130 |
5 | 108277 | 0.125 |
1 | 50000 | 0.120 |
3 | 98181 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 75311 | 4 |
0.145 | 43998 | 1 |
0.150 | 145000 | 4 |
0.155 | 25072 | 2 |
0.160 | 20899 | 2 |
Last trade - 16.12pm 28/06/2024 (20 minute delay) ? |
Featured News
PNN (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online