A few points to note when considering the current $12M PNN MC: - PNN holds mining rights over 40,000ha of potential lithium brine resources in the Salta province, in the same 'Lithium Triangle' as ORE ($1bn MC), AGY ($200M MC), and LKE ($45M MC at similar stage of development); - PNN has 7 projects across these tenements, any of which could be company-making; - Projects are close to road and/or rail transport links for easy offtake; - Drilling to start this month on Salar de Pular project; - Drilling permits lodged for project on Rincon Salar, with expected start in December 2017. - PNN also has nickel, copper, diamond and other base metal projects in Australia. Lithium brine companies shouldn't be rated based on size of tenements...all a company needs is one good project site to scale up quickly to 10Mt pa production, which is equivalent to the existing medium-sized players are currently producing. I reckon the market should get re-rating first thing Monday!
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Last
13.5¢ |
Change
0.030(28.6%) |
Mkt cap ! $12.50M |
Open | High | Low | Value | Volume |
13.0¢ | 14.0¢ | 12.0¢ | $178.3K | 1.361M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 100000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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13.5¢ | 119943 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.130 |
2 | 277666 | 0.125 |
4 | 180000 | 0.120 |
2 | 135400 | 0.115 |
4 | 226259 | 0.110 |
Price($) | Vol. | No. |
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0.135 | 119943 | 1 |
0.140 | 142856 | 1 |
0.145 | 100350 | 2 |
0.150 | 25000 | 1 |
0.155 | 34482 | 1 |
Last trade - 15.58pm 13/05/2024 (20 minute delay) ? |
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Last
13.5¢ |
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Change
0.030 ( 22.7 %) |
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Open | High | Low | Volume | ||
13.5¢ | 13.5¢ | 11.5¢ | 558976 | ||
Last updated 15.54pm 13/05/2024 ? |
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