PEX to shine this year, page-12

This is a good news. While there will be a further dilution, eventually the Big Guys will do what they always do-they will look after their money and small investors will come for the ride.
From the AFR
"Mark Okeby, part of the original Nick Giorgetta quartet who took Equigold, Regis Resources and Capricorn Metals from minnows to billion dollar players, will also join Peel Mining’s board as chairman.

Investors reckon it’s another one of those deals where some big mining names are getting set in a junior with a potentially good asset, hoping to take it to the big leagues.

Okeby’s involvement is expected to help tow some of the key Capricorn directors towards Peel Mining’s register, and also those involved at Red Hill Iron Ltd, where he is also a director."