Personnally, this PFS changes nothing in respect to my investment sentiment in PWN.
IMO, the KLPP PFS was not about, per se, progressing KLPP into production - rather it was a showcase and validation for the real focus of PWN, which is the aMES technology platform.
KLPP was never, IMO, going to show anywhere close to stellar financials, not because of the technology deployed in the PFS but rather the fundamental issues of the project itself (as outlined by Rum Jungles original scoping study). KLPP is remote, very remote. It is 250km south-west of Alice, 1,900km to Darwin and lacks the infractructure enjoyed by other brine miners in WA. While the isolation of the project may have reflected negatively on the capital and operating costs of the PFS, as Mer righly points out a comparison of the original scoping study and todays PFS is favourable.
I invested in PWN 2.0, not on the bases of any of their tenement or mining interests but purely as a technology play - for which I see massive potential. Again per the earlier post of Mer, I hope to see a seperate announcement from PWN of 2-3 page focusing on the technology elements (aMES) of the PFS.
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Personnally, this PFS changes nothing in respect to my...
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Mkt cap ! $35.97M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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11 | 9215340 | 0.011 |
7 | 1765129 | 0.010 |
8 | 1892009 | 0.009 |
8 | 2213945 | 0.008 |
Price($) | Vol. | No. |
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0.014 | 6156222 | 5 |
0.015 | 1709817 | 6 |
0.016 | 2101066 | 4 |
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