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8.7¢ power minerals limited

Ann: Salta Lithium Project Exploration Update, page-116

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IronAwe

770 Posts.

54

05/01/18

13:05

Post #: 30069944
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Originally posted by insaf ↑

Pnn has immense potential and as I said the positive was the 2 drill campaigns which has protected the sp. even if pular was done by itself the sp is around fair value. It’s a pity the Rincon sentiment wasn’t higher as imagine pular coming in after Rincon results.
The sell off was technically expectedas it was overbought - the question was whether the sell off would have occurred at higher prices post announcement or if things didn’t go to plan at lower levels.
The key is close of day - good support volume so far and i think as long as pular commenced on time this will gradually oscillate in the 6-7 potentially 8 range.
So all is not lost. If u look at sei it’s close to 20 mil with drill in April and permit yet and pnn at drill now and close to 30 mc it will attract more money next week.

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29 /12/17 it clearly states analytical results for lithium are in preparation and certification and will be released as soon as available however due to differences to Argentina will not be reported before COD time in Australia,to me this means the results are there and in a day or 2 thay will be out,thay need to do a cr so after that thay will release the crappy results

PNN Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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Last 8.7¢		Change 0.007(8.75%)		Mkt cap ! $9.579M

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