Cheers Acid, if you are correct, then perhaps other entities have their eyes on Halls (Nicolsons Plant). Hard to believe it has been for sale for almost 18 months.... at today's POG, even just producing 7500 ounces a quarter might have seen them generate $7-10m a quarter.... Would be very interesting to know who has put offers in for the plant and gold resources.
Slightly off topic, but a trip down memory lane shows that PNRs register is entirely different from what it was pre-merger with TUL. Newest on the left, oldest to the right). Pretty sure PNRs top holders now hold over to 44%, vastly different from 2022. I expect this to tighten further as again.... there are very slim pickings for plus 100k p.a producers with long mine lives (let alone 5m ounces in MRE).
I agree about PNR looking forward to a $1 billion market cap.
Enjoy the beer.
PNR Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
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