PNM 0.00% 2.4¢ pacific nickel mines limited

yep doesn't look flash. only thing I can say is from last...

  1. 1,472 Posts.
    yep doesn't look flash. only thing I can say is from last announcement they are working on another JV.

    I hope they are working on selling some non core lorena assets.

    Cash is down to 500k so they will need to raise some cash I would think. Though they are running things lean anyway.

    The Lorena deal looks very solid. just need to keep people informed on how the location progresses re the plant.

    $5.4m mc vs $6.2m net profit to MAR is compelling.

    I will be in for some more soon as i know what the game plan is re cash.

    Flux
 
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