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0.8¢ protean energy limited

thanks, only lost 1k on this one so not too much of big...

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earmelon

1,648 Posts.

132

31/01/20

23:36

Post #: 42686160
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Originally posted by Surandy70: ↑

All the best with your next investment, hope it does better for you.

I am still willing to hang on, figure if something actually DOES happen there is potential for a bit more upside, the plans for drilling interested me given that even though it is underground, due to them accessing the resource via a disused quarry would mean that they would only need to drill about 200 to 300m to hit the resource and they have small scale production access available to them meaning that it is possible not too much cash would be needed up front to start resource production.

Having said that the low vanadium price is a concern in terms of mineral production, at the moment the pricing is more beneficial for the battery side which appears to be years away from going anywhere.

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thanks, only lost 1k on this one so not too much of big deal...bought in at 0.7c cut loss at 0.5c

the problem with this company is NO communications whatsoever, not even a quarterly update, not a single word...I mean, I have seem dodgy ones like LCY, pretty much copy and pasted the activity update every quarter, but at least they copied and pasted and released it...this management (if exist) can’t even be bothered!!!

maybe they forgot its existence!!!

POW Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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