The A$1600/t seems a bit ambitious for 25 to 30% combined Lead and Zinc. Using current prices the lead/zinc would be worth around A$900/t before treatment charges and transport costs. Lets say around A$650/t.
Of course you have to add in payment for silver/gold and copper. However A$1600/tonne seems a bit of a stretch.
I am a big fan of PEX and news in the short term on Mallee Bull (cash flow) and continuing good assays from S Nights should give the stock price a lift.
If S Nights proves up to be a major deposit, which seems likely, St Barbara are a good chance to launch a takeover bid.
Would be surprised if PEX share price is not up a fair bit in 6th months time.
The A$1600/t seems a bit ambitious for 25 to 30% combined Lead...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $72.63M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $98.61K | 782.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21762 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 15999 | 1 |
View Market Depth
| Last trade - 15.21pm 28/06/2024 (20 minute delay) ? |
| PEX (ASX) Chart |