Yes there can be delays - BUT the monster deposit is not walking away just like the huge punt people took on AVZ's Congo project. This is in a Tier 1 jurisdiction - in the midst of a Western supply chain crisis.
The rarity of PMT's deposit is probably only discovered once or twice in a lifetime - twice by the looks of it (Corvette and Manono)
PMT will be valued on its rare deposit grade and size - it is a STRATEGIC asset, even just controlling it can enable the stakeholders to influence the Lithium markets and prices to a certain extent.
It does not need to get into production anytime soon - that's the whole point of a strategically large asset.
All imo.
Yes there can be delays - BUT the monster deposit is not walking...
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Last
29.5¢ |
Change
-0.020(6.35%) |
Mkt cap ! $174.0M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 28.5¢ | $2.132M | 6.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 42338 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 562281 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PMT (ASX) Chart |