PNR 9.09% 10.0¢ pantoro limited

Ann: Half Yearly Report and Accounts, page-109

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  1. 12,118 Posts.
    lightbulb Created with Sketch. 6927
    After a small amount of sleuthing, I am wondering... if WGX move to re-acquire it's past asset (Higgensville) just happens to have the benefit of surrounding PNR.... To be clear, I don't think PNR need any more gold from WGX assets, but... if ever there were synergies to be had, this is it...
    WGX are a proven inhouse U/G miner... 1300 strong workforce.

    Today they announced a merger with Karora (who's assets surround Norseman, but not exclusively of course).
    Long term, Norseman could fill it's own mill and even assist with Higginsville. This would see WGX with 3 operating plants in the Murchison and 3 plants to the South of Kalgoorlie. Just seems to 'fit'. It would eventually create a 500k-700k p.a producer.

    https://hotcopper.com.au/data/attachments/6088/6088090-2a704b71583ebb1c9ae58e38df4135aa.jpg

    Just some idle speculation of course.
 
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10.0¢
Change
-0.010(9.09%)
Mkt cap ! $645.4M
Open High Low Value Volume
10.0¢ 10.5¢ 10.0¢ $1.703M 16.74M

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No. Vol. Price($)
28 3036183 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 1089982 9
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