Management unfortunately have Power sitting at a $25 million market cap after a recent capital raise that was done at a 30% discount to the previous capital raising at .52 cents, not good in my opinion.
Current activities and exploration seem to have been very successful at this stage, so a significant increase in lithium resource is not far away.
I think the increase in lithium resource and a positive PEA should lead to a significant re-rate of the company.
Hopefully Management have the skills to bring some binding agreements to the table soon.
Management have stated this will be a transformational year for Power, hopefully their are some significant updates soon.
- Forums
- ASX - By Stock
- PNN
- Ann: Strategic Investment to Accelerate Lithium Assets
Ann: Strategic Investment to Accelerate Lithium Assets, page-36
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNN (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.21M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $30.13K | 251.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 60000 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 54904 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60000 | 0.115 |
4 | 137000 | 0.110 |
4 | 410238 | 0.105 |
8 | 1460100 | 0.100 |
1 | 500000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 52904 | 2 |
0.125 | 10000 | 1 |
0.130 | 130000 | 3 |
0.135 | 2512 | 1 |
0.140 | 5000 | 1 |
Last trade - 10.37am 02/10/2024 (20 minute delay) ? |
Featured News
PNN (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online