Thanks mate, on paper feels like a slam dunk.Management have the...

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6,528 Posts.

2002

17/09/24

08:03

Post #: 75702233
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Originally posted by Pokerface: ↑

I would think so.

To me this has a very high probability of 2 to 3 bags within 12 months….. perhaps as a minimum. I am hoping to accumulate at these levels. Have my OZ Lotto tickets for tomorrow !!

I imagine they will spell out their budgeted program for the next 12 months fairly soon. That may be enlightening.

I think their Leonora asset holds real promise. They mentioned to me that perhaps “people” didn’t understand the upside.

I also got the distinct impression they have some acquisitions in mind, or perhaps some further M&A.

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Thanks mate, on paper feels like a slam dunk.

Management have the cash, asset base and tail wind of the precious metals AUD price.

Hard to screw this up.

Picked up a starter - will wait before adding to see if they take the right steps.

My concern is they don't have enough insider ownership. I would have thought they would be loading the boat up here at cash backing.

PTN Price at posting: 5.1¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.7¢		Change 0.001(1.52%)		Mkt cap ! $109.7M

Open	High	Low	Value	Volume
6.8¢	7.0¢	6.6¢	$286.6K	4.221M

Buyers (Bids)

No.	Vol.	Price($)
2	3727	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	150000	2

View Market Depth

No.	Vol.	Price($)
2	3727	0.067
5	295511	0.066
6	360682	0.065
5	423500	0.064
2	350000	0.063

Price($)	Vol.	No.
0.068	150000	2
0.069	220000	2
0.070	1937088	7
0.071	160845	2
0.072	994077	4

Last trade - 14.48pm 16/06/2025 (20 minute delay)

PTN (ASX) Chart

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