PEX 3.70% 14.0¢ peel mining limited

Hi PF Agree mate, dynamics of PFS economics, ongoing upgrades...

  1. 2,772 Posts.
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    Hi PF

    Agree mate, dynamics of PFS economics, ongoing upgrades and further discoveries, new IPO, and surging commodities make this pie even sweeter.
    Wirlong JV drilling and Talisman’s JV both have high grade copper potential with Mallee Bull and Wagga Tank; Southern Nights so far looking the star.
    That said comment has been made that Wirlong could eventually be the largest, however more recent successes at Southern Nights has me unsure about which project will take the title as the most important and therefore economically impressive?.
    Interesting times, the monkey out of left field is another bout of corporate jousting through subtle creep up buying and that will trigger an opportunistic buyout proposal.

    What say you guys, how will it play out given that commodities are due and set to surge?
    My hunch, aside from our existing resources is that our prime unexexplored tenure, will be too tempting not to secure, before others conclude similarly that we are wortthy of a much higher market cap... reason is simple, as one project worth just a billion let alone several, will make out sp at least $5.00 with less that 190 mill shares on issue, and those are mainly held tight.
    Sarg
 
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