My very personal thoughts on PMT ...
Had PMT management not just wanted to hype and pump the sp on the back of the suspect CV5 underwater peg swarm which literally lies 3km+ long under a 5km lake - i would have invested. And now they are being accused of drilling down dip to make their CV5 intercepts look good...
PMT has plenty of dry land pegmatite targets to drill yet they choose to focus on this CV5 below for which I have no idea why other than to pump up their valuation. Everyone on the street knows CV5 won't be a mine for at least 10 years.
See pegmatite trends occurs along dry land, why not focus on those minable areas first instead of CV5 which has a literal lake on top.
But we all know the reason why mgmt focused on CV5 - the thick intercepts underwater at CV5 whether real or artificial meant the sp and valuation would be hyped.
See when they released assays on drills outside of CV5 , in particular the one below for CV13 on land - the average looking intercepts below crashed the sp after that release back in February.
My very personal thoughts on PMT ...Had PMT management not just...
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Last
43.0¢ |
Change
-0.040(8.51%) |
Mkt cap ! $231.5M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 42.5¢ | $1.468M | 3.362M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 141820 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 38491 | 11 |
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| Last trade - 12.49pm 31/07/2025 (20 minute delay) ? |
| PMT (ASX) Chart |