Yes the message doesn’t match the actions.
When NT holdings were under PNX the management which are now on PTN board promoted the Fountain Head mine and great PFS numbers they then went onto increase the ounces through acquisition and exploration. They also spent a lot of time getting environmental approval and then mining approval.
While waiting approval they released announcement after announcement about engineering and purchasing equipment.
The gold price increased and so did the resource, bottom line when they got to go time with cash to execute they after years telling holders they would go into production they now say it’s not viable.
They will hold the line of flagship project and scoping studies but I think it’s just a marketing exercise.
There’s massive upside here, let’s hope management can execute.
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Yes the message doesn’t match the actions.When NT holdings were...
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Last
6.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.0M |
Open | High | Low | Value | Volume |
7.0¢ | 7.2¢ | 6.4¢ | $369.8K | 5.376M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.6¢ | 10486 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | 0.065 |
1 | 300000 | 0.063 |
1 | 19074 | 0.062 |
1 | 100000 | 0.061 |
6 | 386668 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 200000 | 1 |
0.069 | 144927 | 1 |
0.070 | 855555 | 6 |
0.071 | 160845 | 2 |
0.072 | 854077 | 3 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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PTN (ASX) Chart |