because talking CR is the few way they hope to scare some loose...

because talking CR is the few way they hope to scare some loose hands to sold to them....

they sold out so they obviously wanna bought back cheaper, so except talking something they dont even have a control or Responsible for, is their only hope and strategy....

as far as i can see, PNN is the next one after LKE and AGY in the lithium brine at Argintina, and LKE even bagger when they announced Debt borrowing agreements, gee, why people talk down PNN?

cant people check last quarterly that PNN stating there is Only $700k needed for quarter expense:

$A’000
575
125
700
Interest at beginning of quarter
-

1. 9.1 Exploration and evaluation $575
2. 9.2 Development
3. 9.3 Production
4. 9.4 Staff costs
5. 9.5 Administration and corporate costs $125
6. 9.6 Other (provide details if material)
7. Total: $700

also, check Sep quarter:

they spent $1.48m on Exploration and only $90k total on admin and staff cost, really a good board which save money and funds and spent on ground for their shareholders, in contrast to so many Life style dogs juniors....

PNN is on the way to expand and grow so shareholders value will be created....

so after those drilling, PNN still has $800k left which even more than many dog juniors, so

WHY THE DOWNRAMP AND TALK DOWN??

it most likely drill pay dirt so MC grow big so the raising to reduce dilutions...

DYOR, not only read threads at HC to be paranoid but read company reports and FA and ANALYSIS....

DYOR

ps: when company name changes without change direction, dont be paranoid coz everything is normal except your holding code changed and you might found a new code but has risen lots higher.