If you can see the writing on the wall - you can beat the market before holders realised CHN was an overpriced dud once their Feasiblity Studies came out showing ultra high Capex just like you will get with PMT - a project that is barely NPV positive.
Chalice once worth upwards of nearly $3 billion dollars market cap just like PMT was at one stage with CHN now just a shell of $430mil market cap having lost 90% value once market saw their project economics.
I would say PMT will be on the exact same path imo.
Ann: Patriot Expands Land Position on the Corvette Trend, page-12
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Last
56.0¢ |
Change
-0.005(0.88%) |
Mkt cap ! $349.2M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.0¢ | 53.5¢ | $2.302M | 4.138M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 102219 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 2250 | 1 |
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| PMT (ASX) Chart |