PNR 1.12% 9.0¢ pantoro limited

Ann: Half Yearly Report and Accounts, page-29

  1. 1,636 Posts.
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    @wassa
    The future of Halls Creek, along with Meteroic's nearby Butchers Creek asset is an intersting poser. I suspect they are waiting for the predicted reversion to mean in the gold markets to flog it off to prospective investors. For mine, I wish they'd list them together and distribute shares to shareholders in specie.

    However, I am more interested in the 30 kilometre Lampoo PGE prospect. How can such a prospective project simply vanish? That is one project that I would like PNR shareholders to get a bite at. I hope there is a Masterplan aimed at rewarding holders and not just habitually frittering wealth away.

    For mine, PNR's humungous share capital will cap the upside of the share price. Ten cents is a ~$500 million dollar company. Sadly, PNR does not have a management team worthy of that status.

    I am more underwater with PNR than a scuba diver. Norseman would be a great PHD study into destruction of wealth and dreams.
 
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