PEX
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11.5% 14.5¢ peel mining limited

AMEC Prospector Award 2019, page-11

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    3,578 Posts.
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    10/12/19
    17:56
    Post #: 41895897
    Ohhh, ow!
    Just followed my own advice and looked at the financials
    According to the last quarterly report PEX will have $3.8m cash at Dec 31.
    Capital raise is inevitable soon - unless I have missed something (please point out if I have!).
    Another company I am following is fast approaching a similar situation and it's SP is beginning a descending death spiral.
    This needs to be addressed very quickly imho.
    PEX Price at posting: 24.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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