Fantastic news! Here's a Comparative Table done that I did a few days ago, comparing market caps of 18 stocks on my Lithium watchlist. PNN stuck out like a sore thumb as a screaming buy - when it got its lithium act together. That time will now be very much sooner, as a
new broom comes in to make a clean sweep, in a red hot sector.
Different stocks obviously have different assets so simplistic comparisons aren't smart. But circa $20M for a company with the assets of PNN is a serious under-pricing. As a reminder, of the potential of the lithium assets alone, look again at this release from last month. I've underlined a few things to help get quick focus:
Additionally, don't forget that PNN has fabulous kaolin (+ halloysite?) acreage right next door to the $530M market cap ADN!
Last but not least, check out again the
VERY low SOI. Yep, that's right - 46.6 million and only ~ 11million oppies. The stock is still dirt cheap. I've got a lot - and am loading up more right now, having seen that uplifting announcement. Another very successful lithium investor friend of mind is doing the same.
