NPM 8.82% 1.6¢ newpeak metals limited

I'm here because of Challenger Exploration. We know Newmont,...

  1. 1,623 Posts.
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    I'm here because of Challenger Exploration. We know Newmont, Barrick et al are chasing elephants in Argentina and NPM has two interesting prospects.

    MC ~$17m & $2m cash seems reasonable.

    The Crux interview was helpful, particularly from 19 minutes. Check it out on YouTube.

    SOI is mindbending, there are other assets which are a distraction and some may not like chairman Nick Mather (he has been good for his shareholders IMHO) but two credible shots at the bid time at $7.5m for each roll of the dice seems like a good punt to me. I like Las Openas.

    Now we just need to get lucky.

    https://npm.live.irmau.com/site/PDF/747862b9-fe5d-4a09-9444-a06594c061f2/PDACConferencePresentation

    https://hotcopper.com.au/data/attachments/3023/3023585-9300ba7f7bec1fd1d018c137998ff25f.jpg
 
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