Warwick has changed his heart for this one when it has dropped from 20c+ to about 12-13c range.
Here is what he has written in the latest Tungsten Report: (You can get the report for free if you can become his gold card clients. www.fareastcapital.com.au )
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Investment Perspective:
PDM is still an outsider in the tungsten pack as it is yet to confirm that it has a commercial project due to the size, notwithstanding the attractive grades. However, the low market capitalisation of only $9m suggests that there has been no success factored into the share price. Any lift of resources closer to the 500,000 t figure should cause a re-rating.
As optimistic as PDM is regarding White Range, we might find that the real driver of the share price could be the Frogmore Copper project. If it continues to pan out like a Cobar-style deposit, it could present a very exciting
development proposition. The shares seem very good value at these levels – they are selling at an “option price”.
He and associates have interests in Paradigm.
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 200000 | 2 |
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| Last trade - 16.21pm 15/09/2025 (20 minute delay) ? |
| IOD (ASX) Chart |
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