The payables would be very poor for a mixed lead zinc DSO type product imo as for start it’s a mixed product and much lower grade than a good lead or zinc product, on top of that there is a more limited volume of buyers that want or could even take this product reducing price further.
There is good demand for high grade high margin lead and zinc projects/concentrates, PEX should drill this out as best they can, grab a debt linked offtake or similar deal to help finance the mine. DSO is just noise.
Assays Depth Extending, page-44
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $75.54M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $12.07K | 92.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 182110 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 109500 | 3 |
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| Last trade - 14.51pm 09/05/2024 (20 minute delay) ? |
| PEX (ASX) Chart |