PNX 0.00% 0.4¢ pnx metals limited

Ann: PNX Now Well-Funded to Advance NT Zinc Projects, page-10

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  1. 763 Posts.
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    EagleOnEagleSt, sorry but having a difference of opinion, on an open forum, is not trolling.

    Maybe I should have added, that reading their announcement, I believe that their proposed work-plan is quite expansive, and that given the level of fixed out goings, what will end up going into project advancement over the next 12 months?

    This is another "drip feed" top-up. No outsider yet is throwing money in. It's just a case of existing major shareholders, who are in to deep to pull out, having no choice but to throw a little bit more in, in the hope they may pull it off! To you this is a positive sign, but to me, it's ho hum.

    However, in the end I say, "I hope they do pull it off", but my appetite for risk is less than yours, so I won't invest until a more certain future materialises, otherwise it can end up being a case of put money in or get diluted down. Sorry again, not Trolling, just a difference in investment styles.
 
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