They have already been paid $200,000 as part of the sale.
Should they be paid the balance as indicated they have more than enough funds to take the gold project through the
next stage and produce a reserve.If you look at other companies in the area there capitalisation is up around $50 million.
We have a massive mill at Telfer 30km away that is hungry for ore and Telfer is for sale all of which will generate interest
for PSL.
I suspect if the sale completes on schedule the stock will break through 3 and head for 5.But that may only be the start!
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3
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2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.03M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 88000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 88000 | 1 |
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