Seriously, my worst case trend line hasn't lied with this mob. Currently in Stoch RSI overbought territory!
Original put plan had a "Stage 2".
Their ramen XRF spectrometre-extraordinaire has known this, they had hits from long ago. Sure, letting the 2yr contract expire was a hand to be played.... but they ultimately didn't get much 1st go - sharing profits with local mining/transport companies perhaps, 2nd go "smaller operation" omg. Pip stock that has %potential and lets genuine shareholders down every single time. Every single time. I bet they thought Kangan would have been explored by this stage. If PIO had just spent their time there instead; boomtown, or Golden Ridge...
But alas,
“The Sinclair Mine paid off handsomely for the Company, not so much for the shareholders unless they were trading pips and fully invested on a 24hr basis."
PIO Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held