great business model to lithium brine.
- get others with expertise to develop / cover costs. = non dilutive in terms of the capex required for these projects, is just that one off hit, as they lose the lions shares of the asset. But thats ok. Being a minority (under 50%) holder and getting a free ride essentially. He also said one of the project partners wants the off take so there is value buyer for the lithium.
Many irons in the fire. I started here with the HPA, not sure if/ when pink slipper can drill, but what a target that is.
And the most recent asset the Nb. I think being the hottest iron in the fire for market attention.
So i dont really get the sell off. But that is the opportunity isnt it. To buy when others are fearful and there is a mis pricing of bet payout multiple.
A winning discovery that values at say eg. 100m valuation is 5-1 payout if the stock risk on is at 20m mc. But the payout is 10-1 if the market discounts it to 10m mc. Same assets, same risk, reward multiple varies on entry price.
- Forums
- ASX - By Stock
- PNN
- Ann: Investor Presentation
Ann: Investor Presentation, page-51
Featured News
Add PNN (ASX) to my watchlist
|
|||||
Last
8.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.248M |
Open | High | Low | Value | Volume |
8.4¢ | 9.1¢ | 8.4¢ | $2.766K | 30.61K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 347 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 12000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 347 | 0.085 |
1 | 18545 | 0.084 |
1 | 20000 | 0.082 |
1 | 120000 | 0.081 |
3 | 270800 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 12000 | 1 |
0.099 | 71429 | 1 |
0.105 | 47302 | 3 |
0.115 | 65000 | 2 |
0.120 | 50000 | 2 |
Last trade - 12.00pm 06/09/2024 (20 minute delay) ? |
Featured News
PNN (ASX) Chart |