Running on a tight budget, but you have to give management credit for being as fiscally conservative as possible. More fund raising is necessary. Hopefully the last good results will draw in investors to the shortfall.
IMO this is the main reason for the SP being held back.
Recent drilling announcement were very positive with good grades and depths. PKO has a 16 km strike zone with all drilling holes returning PGE’s.
I’m looking forward to more drilling and possibly a JORC and PFS in the next 12-18 months to see the extent of the commercial value of the Eastman intrusion.
Ann: PKO September 2023 Appendix 5B, page-3
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Mkt cap ! $2.635M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $19.73K | 3.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 659713 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1719905 | 5 |
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| Last trade - 14.38pm 04/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 1302773 | ||
| Last updated 12.11pm 04/06/2024 ? | |||||
| PKO (ASX) Chart |