PEM 0.00% 35.0¢ perilya limited

Dickboy,The reports says the management intends to use the cash...

  1. 147 Posts.
    Dickboy,

    The reports says the management intends to use the cash for various projects and/or acquire other projects/companies should the opportunity presents itself.

    I believe the further exploration/development of the copper asset, and/or a good acquisition, will bring much better rewards to our share holders than some unfranked divies.

    A win-win deal between CBH and PEM is always good. I hold both CBH and PEM, and I would like a joint venture at broken hill can be setup asap. It will certainly boost both companies's SP.
 
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