Australia's largest stock trading and investment forum Australia's #1 stock forum

PRX

Click for more information

25.0%

0.3¢ prodigy gold nl

Ann: Ceasing to be a substantial holder, page-6

First 6 Last

Share
Profile

Follow
ajlp

3,552 Posts.

91

05/10/21

14:34

Post #: 56575807
Share

Originally posted by Hilux45: ↑

Not Surprised Tommy has resigned as obviously there’s tension between Management and the Major Companies who have invested in PRX. When Matt and Tom came on board I went to their first AGM and left very confident they were going to make ABU (at the time) a company everybody would want in. We saw St Barbara buy in at 10 cents only to exit at 7 cents as they obviously lost confidence in Management. So many investors have been burnt that there’s very little confidence left here. Last 2 years there has not been a comprehensive drill program put out, especially this year as COVID wasn’t such an issue in WA.IMO last two years has just been preserve cash and drill One Hit Lotto holes. In nearly 7 years this Management hasn’t delivered any Resource Upgrade which contributes to the Drilling Programs. Quite Strange why IGO and Matt haven’t gone back to Grapple to do a more Comprehensive Drill Program after Outstanding Results in 2018. Personally I think PRX need a far more Aggressive Management Team as cash has never been a problem. Only Winners are the Board taking home their high Salary.

Expand

'Only Winners are the Board taking home their high Salary' , as the rest of every listed company...

PRX Price at posting: 3.7¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 1 more message in this thread...

First 6 Last

Add PRX (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change 0.001(25.0%)		Mkt cap ! $7.937M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$12	4.977K

Buyers (Bids)

No.	Vol.	Price($)
35	57502376	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	90422749	47

View Market Depth

No.	Vol.	Price($)
35	57502376	0.002
62	150985937	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	90422749	47
0.004	17407006	16
0.005	2992123	5
0.006	3100002	4
0.007	1717000	3

Last trade - 15.59pm 13/11/2024 (20 minute delay)

PRX (ASX) Chart