PNN 4.55% 11.5¢ power minerals limited

Ann: Proposed Acquisition and Placement, page-296

  1. 642 Posts.
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    I am holding on too, even if it didn't go through then there are other big deal things going on with PNN.
    Other Announcements due soon too...

    PNN MC still has only a $20 Million MC at .50c so a long way to run yet with this rerate.
    That's why I'm holding Long...Lots of news flow expected....

     Hillside tenements have recorded occurrences(1) of kaolin clay and are located directly adjacent to Andromeda Metals’ (ASX: ADN) kaolin and halloysite projects.

     Plans progressed for brine sampling program for Stage 2 beneficiation test work at Salta Lithium Brine Project in Argentina.

     Stage 2 test work to follow up highly successful Stage 1 simulation test work, which delivered a lithium brine concentrate containing 3.05% (30,500ppm) lithium with very low magnesium contaminate ratio
    (1.6:1 Magnesium:Lithium).

     Exploration Deed being negotiated with traditional owners for exploration at the priority Pink Slipper Farm-in JV with Rio Tinto at the Musgrave Nickel-Copper Project in South Australia.

     Plans underway for maiden drilling program at Santa Ines Copper/Gold Project in Argentina - drilling permits expected to be granted in near future.

    Best luck to all holders
    Last edited by Davidsmith80: 05/02/21
 
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