PNM 0.00% 2.4¢ pacific nickel mines limited

1.1 or 1.2 close, page-40

  1. 1,472 Posts.
    I would say Monday we sought the traders from the investors given the bleed on the gold price. What a schlacking. MAR management good time to do the Conrad deal to shore things up.

    being a private company near on impossible to know whether they have $5m in the balance sheet to fund the conrad silver project on whether they have had to take it to their bankers.
    Its not as though they can take it to their asx shareholders is it, there isnt any. Anyway im sure they have had plenty of time to think about their funding options over the last 6 months. i mean why do the very complex and arduous feasibility work over 6 months and not knowing how you are going to fund it. Would not make sense.

    Anyway should be a fun week.

    Flux
 
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