PNR 8.70% 12.5¢ pantoro limited

Cheers for the reply Wassa, especially the part from LinkedIn.A...

  1. 11,915 Posts.
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    Cheers for the reply Wassa, especially the part from LinkedIn.

    A tiny follow up gives me a much clearer idea of why Denis Rafty would be so knowledgeable of Norseman. Hopefully once the drill bit/s finally get going at Mainfield and Scotia (hopefully for infill and extensions), they will have similar success like Denis did!

    @Joelstar - interesting post above in regards to SL thoughts on Norseman....

    https://hotcopper.com.au/data/attachments/6170/6170396-a84b492c7773e20fe1e462c6edb71e95.jpg

    Regarding clear value, yes, PNR is a standout, especially with WGXs merger with Karora approaching (Karora's tenements/projects basically surround Norseman). Having 3 plants in the Murchison and 3 plants south of Kalgoorlie provides clear symmetry and processing throughput. Would also cement WGX as a 500k+ p.a producer.

    https://hotcopper.com.au/data/attachments/6170/6170407-092112669e8b7fa2aee26328f99d6ca6.jpg

    Regarding Paul, you may be right, but.... whilst the execution is indeed the no.1 priority, building some level of awareness of PNRs changing identity is going to be a key priority over the medium term. Otherwise, maybe it is just being cleaned up for a sale, I mean, the 2 directors have been around so long, maybe they are ready to finally garner back some of their capital....
 
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11.5¢ 13.0¢ 11.3¢ $1.703M 13.92M

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