PTN patronus resources limited

Ann: Fountain Head Gold Project Receives Key Mining Approval, page-8

  1. 2,287 Posts.
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    For me it’s.0735 cents or .0057 cents in PNX money.

    I would be happy with 10 cents as it was looking pretty bleak for a while there.

    20 cents is achievable but they need to demonstrate a way for holders to get a return, either build a dividend paying mine or if their intentions are to build saleable assets and sell as a business model they need to pass some of the cash over to shareholders.

    Most companies in this situation would be vulnerable to a takeover to access the cash, its only the structure of our registrar ( Delphi) that’s stopping that.

 
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