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16.0¢ pan asia metals limited

We might never see these SP again...could sink below 20 and stay...

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Reaper11

20,180 Posts.

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03/01/24

16:31

Post #: 71712428
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Originally posted by cmonaussie: ↑

Well for sure ... they wont be able to raise anywhere near enough capital to take this beyond the exploraton phase. There are plenty of "exploration" plays in the Sth American "Lithium Triangle" ... or Lithium Quadrangle as PL likes to say (adding in the Taca Atacama).

Any capital invested into proving what's beneath our land package will be repaid many times over with great results. I'm happy for us crawl, walk and then run. Very early stage. All a function of what it costs to prove it and what we parlay that into when partner(s) are settled and wrt to partners, PL would always be "speaking to several at the moment" ... its what small explorers do.

Good thing is that PL is largest shareholder and equity dilution affects him the most - so he uses the company cash printer "carefully".

As far as "We won’t see these SP prices ever again" ... haven't I seen that commentary before here (and on multiple other stocks too).

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We might never see these SP again...could sink below 20 and stay there!

Reaper

PAM Price at posting: 20.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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