PKT pocketmail group limited

tree shaking, page-23

  1. 10,103 Posts.
    lightbulb Created with Sketch. 656
    Smoking,

    As grades are usual reported "per metre"... you could probably scrap the x2 gravity part..... gives a 30ppm at 100T per sq km....

    so even the "high" 600T number is only about 180ppm...

    So, basically they have nothing economic by my understanding... hence the smoke and mirrors...

    There style of deposit looks similar to that of MXR's... they have been drilling and MD said JORC will be 6-8M lb... all surface to 6m deep... except the MXR grades seem to be more like 300-400ppm... MXR has a market cap of about $20M... half that of PKT... and it is only 1 of 5 major projects...

    PKT need to find something decent, or this will tank...
 
watchlist Created with Sketch. Add PKT (ASX) to my watchlist

Currently unlisted public company.

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