PNN 4.76% 10.0¢ power minerals limited

Cheapest Lithium on the ASX? on the same Ricon Solar as AGY.

  1. 10,103 Posts.
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    Been doing a bit of digging (pun intended) on PNN's Lithium. Interesting, whilst they have 5 different Lithium tenements in Argentina, one is one the same Solar as AGY. Grades not far off that of AGY's in fact. 250mg vs 315mg.

    $AGY is near 15 times the market cap of $PNN.

    PNN have yet to do deep drilling, and they talk about the grades increasing at depth, and up to 313 so far.

    At the current $17m, it would have to be the cheapest lithium brine play on the ASX you would think. Especially one with a JORC.

    https://hotcopper.com.au/data/attachments/3473/3473076-4097d679e03cf4c4565b49e88b059100.jpg
    https://hotcopper.com.au/data/attachments/3473/3473077-623bfdc16061d1bbe8998b3aa76ca39c.jpg
    https://hotcopper.com.au/data/attachments/3473/3473080-81199882a24744a28b42009683fc1d14.jpg
 
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