weekend australian has an add for the super. mining operations north end _potosi. Jobs application states PEM resolve to go after the north mine deeps over the next 10 yrs. now if they really want to go "deep" we are talking sub 40 level and a massive capital input to chase the ore.
PEM have stated regularly over the last 12 mths the m & A line but apart from the plunge on herald ? have done bugger all. another pathetic dividend may see them increase their war chest for some action. any way they appear somewhat strategically directionless at the moment
PEM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
