PTN 1.82% 5.4¢ patronus resources limited

Ann: RRS Investor Presentation, page-9

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  1. 1,344 Posts.
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    Market cap of only $44 million because Delphi pulls the strings. They don't want to mine, just explore. With every capital raise, they increase their ownership at increasingly bargain prices.

    SBM had a crack at taking it over and turning it into something at 16c a share. Delphi made sure that didn't happen, at great cost to us shareholders.
    Last edited by DalyWaters: 16/05/23
 
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