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50.0¢ essential metals limited

Ann: Pioneer Receives US$4.8 Million Funds for Sinclair Mining, page-15

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gazzah

446 Posts.

46

31/08/18

08:40

Post #: 35313998
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Originally posted by Spec_hope ↑

Now we have control we either flog it off to someone is serious about proving up a resource, and get back what we put in. 2 drill sorties at Mavis in 3 years for no more than 3000m. Nah we are not serious, flog it off and concentrate our cash back at home. For god sake we haven't even started drilling at Blair / Golden Ridge and I doubt we will as we need to reverse cash in case we overrun at Pioneer dome with the cesium. Once the cesium is out and paid for that is when the drills will hit at GR.

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I don't think PIO should be in any hurry to flog Mavis off, Look at those Lithium intersections 54m and further more the connection with Ganfeng is very valuable.They have set this up so the urgency of spending money is delayed,Lithium demand is only getting stronger.

PIO Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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