PNN power minerals limited

have what all sorted in 12 months? Brazil drilling?JV/s in...

  1. 664 Posts.
    lightbulb Created with Sketch. 189
    have what all sorted in 12 months?
    Brazil drilling?
    JV/s in Argentina?
    WA/SA licenses?
    Musgrave?

    PNN is a $10m mc company right now. attempting to develop an asset in a country where they have no established office/connections whilst simultaneously trying to sort all of the above would be beyond foolish. Canada is hard rock, long winters, difficult jurisdiction, next to no support for juniors....im sorry to say but if you think PNN can sustain anymore than they already have on their plate then you may need a cold shower. canada exploration in this market with our cash on hand and other commitments is a death wish for this company.
    Every time Cook and Mena travel to South America it costs $20k just for flights and Mena zooms all over Asia multiple times a year as it is....at least 2% of our market cap is spent yearly just on flights !! not to mention other expenses. Add in half a dozen more trips to canada every year and the ensuing cap raise rinse and repeat cycle and PNN wont be investable.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
6.3¢
Change
0.000(0.00%)
Mkt cap ! $9.095M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 55986 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 128 1
View Market Depth
Last trade - 11.07am 30/07/2025 (20 minute delay) ?
PNN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.