I think the big piece shorts/bears were/are missing is the strategic nature of this deposit and supply control in Nth America. There is a premium here above all other deposits.
The bigger players screwed up by allowing PLS to become what it has and I am sure they regret letting that happen in retrospect. The last thing they want is another PLS or indeed PLS itself in Nth America with a tier 1 deposit with a baseline potential of high grade 200Mt+. ALB makes so much sense now I feel stupid for not giving it more consideration.
The lockout clause is a signpost IMO not to expect a buyout this year unless it is 100% hostile. The control block isn't selling until they drill out CV5-4-13 and see what connects to what and they put some holes in CV 9 etc. And I don't believe bringing any other startegic partners in this manner from other producers makes any sense from here (an EV manufacturer would be a little different). We dont need the cash or the expertise. Further dilution adds nothing to holders this year. We don't need to pander to other producers. If they want a stake, they know where to buy one like everybody else.
This should be another amazing year for PMET holders now. It's a simple case of 'be right and sit tight".
- Forums
- ASX - By Stock
- PMT
- Ann: PMT Announces C$109M Investment and MOU with Albemarle
Ann: PMT Announces C$109M Investment and MOU with Albemarle, page-79
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PMT (ASX) to my watchlist
(20min delay)
|
|||||
Last
42.0¢ |
Change
0.025(6.33%) |
Mkt cap ! $253.5M |
Open | High | Low | Value | Volume |
41.0¢ | 43.0¢ | 40.0¢ | $2.277M | 5.507M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 79929 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 63102 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17058 | 0.420 |
2 | 88083 | 0.415 |
1 | 19000 | 0.410 |
1 | 14035 | 0.405 |
2 | 3762 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 63102 | 1 |
0.435 | 20000 | 2 |
0.440 | 14050 | 4 |
0.445 | 117508 | 4 |
0.450 | 40000 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
PMT (ASX) Chart |