PEX 0.00% 11.0¢ peel mining limited

Farm-in partners? Could this be the reason why Acorn selling...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,892 Posts.
    lightbulb Created with Sketch. 96
    Farm-in partners? Could this be the reason why Acorn selling out? May be initially Acorn invested in this project hoping PEX will bring into production not selling out. To get to 50c sp, PEX needs to sell to farm-in partners for $50m+, than Acorn will break even (absolutely no profit for them).... may be they are a bit upset.

    If your avg is low like myself, than news on farm-in partner will be a good news.

    Just IMHO.
 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.