Yeah to say PNN is expensive is a bit silly. I have had a tiny position in here for ages, bought for the Pink Slipper, the Argentinian lithium is a bonus. Don't forget the Kaolin clays projects in South Australia too - I think obviously the market doesn't factor in the Kaolin or Pink Slipper, the focus was always on Rincon and Incahusai...With Lithium out of favour despite excellent progress on these projects the SP has languished...
The only project that will move the needle IMO is Lltio, I don't think even Pink Slipper progress will move us in the present climate.
PNN is cheap - Was cheap around the 50m cap when I first bought in and it's even cheaper now. I don't hold shares anymore, could change soon but do hold options, so fingers crossed for everyone something gets up and going. Those pegmatites aren't just going to stop at the fence line...
News: PNN Power Minerals Advances Acquisition Of Lĺtio Niobium Project, page-6
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Last
14.5¢ |
Change
0.025(20.8%) |
Mkt cap ! $15.96M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 14.8¢ | 11.5¢ | $313.2K | 2.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 71936 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 179500 | 4 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PNN (ASX) Chart |