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Unfortunately for us M PNX, now PTN, are not producing to take...

  1. 19 Posts.
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    Unfortunately for us M PNX, now PTN, are not producing to take advantage of the ATH gold price.

    From way back in Jan 2022, PNX expected to be producing gold in 2023. It's now March 2025 and PNX doesn't even exist anymore. I'm still holding out of sheer stubbornness and curiosity to see where it goes cause of recent news it's looking a little more interesting and as my average is pretty low and I wouldn't lose much even if I sold at the recent lows.

    I originally got into them because they had planned to go quick into production with basically 2nd hand equipment, I thought that was a novel idea.

    A real pity cause if they kept to their timeline, we'd be taking full advantage of the gold price on top of the other goodies now in their bag.

    https://pnxmetals.com.au/wp-content/uploads/2022/01/2022_01_20_PNX_ASX-Investor-Presentation-Jan-2022.pdf
    https://hotcopper.com.au/data/attachments/6911/6911200-d1c312e89fef4912c7347c9e994b05e7.jpg

 
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(20min delay)
Last
6.9¢
Change
0.003(4.55%)
Mkt cap ! $112.9M
Open High Low Value Volume
6.8¢ 7.0¢ 6.6¢ $366.4K 5.386M

Buyers (Bids)

No. Vol. Price($)
2 30417 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.8¢ 100000 1
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Last trade - 15.58pm 16/06/2025 (20 minute delay) ?
PTN (ASX) Chart
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