PMR have an MOU on all 3 tenements with the Chinese to spend $11M on exploration for a 30% farm in - they are basically free carried on exploration
However, the point was SOC have 80% of PMR
Therefore, SOC are the better way to get exposure as they also have the Mt Adrah asset, $10M farm in with Chinese for 30% and a few $M cash along with a suite of other assets
Market is really only valuing them on their Mt Adrah asset as a lot of people aren't away they own things like 80% of PMR and this asset
