Am a long time holder back to the heady days of Rebecca and Norm getting $30 Mill + from Sinosteel for part ownership of Crockers Well Uranium prospect.
Prior to Rebecca's recent proactive involvement in Lithium close to their other Argentine mineral projects PNN was sailing financially quite close to the wind. Happily this is now rectified with the recent placement.
If you go back about 15 months on the Co. announcements you will find C.R 's of 25m. sh @ 1.21c april 2015 , 24mil @ 1.07c, Nov 2015
and 51 mil @ 0.7c in April 2016.
Is it not likely that some of these shareholders not interested in or knowledgeable about Lithium see an up to 4 bagger quick return for their lucky investment?
Billroy
Ann: June 2016 Quarterly Activities and Cash Flow Report-PNN.AX, page-18
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