PEC 7.14% 1.3¢ perpetual resources limited

Ann: PEC to Acquire Highly Prospective Brazilian Lithium Project, page-2

  1. 9,540 Posts.
    lightbulb Created with Sketch. 2870
    Some of those conditions are crazy.
    Finding a few rock chip samples? Here have another $50k and 5 million shares.
    One ten meter drill intercept? Here have another $50k and ten million shares.

    Seems to me they are paying them on announcements they can pump, not on success of finding a resource.

    Combined with the 35% gain the day before a trading halt....buyers beware IMO
    Last edited by WoodySpoon: 21/07/23
 
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