Probably because all he ever talks about is the need for more drilling.Been that way for many many years now. The market is well & truly over it.Of course the next drilling campaign always means more money will be needed. Given the massive shortfall of the last cap raising I will be interested to see how the next one is structured.
Every metal that they have in their suite of deposits is at near record levels.Even more so in $AUD terms.Yet the share price cannot gain traction.That is a pretty good indication the market is not buying what R.T is selling.
Rarely does one come across a management that so stubbornly sticks to a particular course of action year after year. Especially in the face of appalling long term share price performance.
PEX to shine this year, page-7
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $81.35M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $37.57K | 269.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 147483 | 2 |
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| Last trade - 15.33pm 12/07/2024 (20 minute delay) ? |
| PEX (ASX) Chart |