PTN patronus resources limited

Ann: Board and Management Changes, page-3

  1. 12,529 Posts.
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    Nice to see the company is really getting itself fully 'reset', with John taking the reigns (he has a solid history of experience, particularly around exploration and... getting projects ready for development, which is handy since PNT has two that are literally, development read, or in the process of being so).

    https://hotcopper.com.au/data/attachments/6500/6500704-8158328d256a9b3dddce1b192260bff2.jpg
    https://hotcopper.com.au/data/attachments/6500/6500710-33337d1177ea2ede4592a950aa6143fe.jpg

    Interestingly, there is quite a lot going on in NT, though... I still think the KIN have been quite savvy in their move on PNX, because, I believe there is going to be consolidation around PTNs assets, particularly when they have the cash to do so (and hopefully will have more once they sell of the rest of the W.A assets). Two gold plants on C&M.... held by Aginco, though after some digging, it's very unclear exactly what state the two different assets are in.



    https://hotcopper.com.au/data/attachments/6500/6500743-1900ee8c6e2b145356650d341a8b256c.jpg

    You also have Brocks, held privately, but.... it's low grade, so unlikely to be able to use small mills.

    https://hotcopper.com.au/data/attachments/6500/6500746-0f9512c67a79e3838463bfd3a56d8339.jpg

    Pretty sure in any case, Agnico is not likely to hold these assets as a priority after it's merger with Kirkland.

    Looking forward to the MRE update, and perhaps more importantly, rigs hitting the ground in the NT assets.
 
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