PLC 7.69% 1.2¢ premier1 lithium limited

Disaster so far for holders but looks a good punt at these...

  1. 223 Posts.
    lightbulb Created with Sketch. 59
    Disaster so far for holders but looks a good punt at these levels ($1.8m mcap with $1.2m cash).

    Doubt lithium will be the answer - does have some excellent gold projects hidden away which the market should like given current record price. 8m @ nearly 2g/t from surface is certainly worth some further work.

    https://hotcopper.com.au/data/attachments/6400/6400929-0e56d48f01a7e70ec4bcaaf07b2cd1cb.jpg

    Also check out the number one shareholder - over $315m mcap and listed in Europe. They should have some excellent networks in place to find a new project for this shell. Time for the new management team to get things moving.

    https://hotcopper.com.au/data/attachments/6400/6400938-9c2c009dc487c58de9d37b1ee515be1c.jpg
 
watchlist Created with Sketch. Add PLC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.