PEM 0.00% 35.0¢ perilya limited

announcement out today , page-3

  1. 497 Posts.
    lightbulb Created with Sketch. 8
    The forums are a clear testament, there has been little interest in this stock for some time. Once the company shows off it's prospects and earnings I think that people will regain interest and it will go off like a firecracker.
    Its also good that this company has resources that arent so vulnerable to a slowdown in Chinese construction, I believe that Perilya's commodities are more related to consumer spending which policy maker's in China and around the world are aiming to boost. This stock might prove a bit of a resources 'safe haven' as iron ore and coal prices are dropping. Gold and silver production also provide a great hedge to economic decline and subsequent monetary stimulus which is very rare and very clever.
 
watchlist Created with Sketch. Add PEM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.