Australia's largest stock trading and investment forum Australia's #1 stock forum

PAM

Click for more information

0.00%

16.0¢ pan asia metals limited

My comment relating to the SP only comes into play IF a partner...

First 527 Last

Share
Profile

Follow
AlbertE

4,460 Posts.

670

03/01/24

16:40

Post #: 71712598
Share

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).

Expand

My comment relating to the SP only comes into play IF a partner buys into the project. Ofcourse if that happens the valuation of the company changes dramatically. As you would expect.

PAM Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 26 more messages in this thread...

First 527 Last

Add PAM (ASX) to my watchlist

SPONSORED BY