Well the window to open the thread before it might happen is closing in quick! 15th of May isn't far away. They way I see it:
1. They drill and they hit what they believe is there, confirming a new mineralised carbonatite discovery. $1 share price minimum target in this event. Best comparison in this scenario is WAone. Similar number of shares (fully diluted) at the time of discovery. Cash in bank of around $3m at time of discovery. Legitimate discovery = blue skies potentiail. They tick all these potential boxes.
2. They drill and it's way too thin or the mineralisation doesn't get better than the 600ppm TREO in the rockchips from the outside of the structure. Share price probably back to the 8c to 10c range.
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pinnacle minerals limited
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Well the window to open the thread before it might happen is...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.818M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 44749 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 47153 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 44749 | 0.040 |
2 | 263028 | 0.038 |
1 | 32258 | 0.031 |
1 | 500000 | 0.030 |
1 | 37000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 47153 | 1 |
0.058 | 16945 | 1 |
0.069 | 111724 | 1 |
0.080 | 100000 | 1 |
0.110 | 72000 | 1 |
Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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Frazer Bourchier, Director, President and CEO
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