PNN 0.00% 11.5¢ power minerals limited

Ann: Strategic Investment to Accelerate Lithium Assets, page-36

  1. 467 Posts.
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    Management unfortunately have Power sitting at a $25 million market cap after a recent capital raise that was done at a 30% discount to the previous capital raising at .52 cents, not good in my opinion.

    Current activities and exploration seem to have been very successful at this stage, so a significant increase in lithium resource is not far away.

    I think the increase in lithium resource and a positive PEA should lead to a significant re-rate of the company.

    Hopefully Management have the skills to bring some binding agreements to the table soon.

    Management have stated this will be a transformational year for Power, hopefully their are some significant updates soon.
 
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