Some of those conditions are crazy.
Finding a few rock chip samples? Here have another $50k and 5 million shares.
One ten meter drill intercept? Here have another $50k and ten million shares.
Seems to me they are paying them on announcements they can pump, not on success of finding a resource.
Combined with the 35% gain the day before a trading halt....buyers beware IMO
Ann: PEC to Acquire Highly Prospective Brazilian Lithium Project, page-2
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $5.760M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $31.59K | 3.508M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3608168 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2991469 | 7 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PEC (ASX) Chart |