I don't think I'm being impatient.
If there are issues with the renewal of the license the market should be informed.
I expect to wait until the end of the year for some drilling so a long way to go yet.
Drilling will be the real price pump, no secret there
If there are any delays etc., the directors have an absolute obligation to inform the market of the status of the license renewal.
There is no way this cannot be considered material or price sensitive to PCL.
All they have to do is state what you have said, and that from discussions with MME they believe the license will be extended.
I don't see any trading halts coming up, unless, perhaps, to announce WDS have exercised their option which everyone already accepts as a fait accompli.
I can't see any CR while the share price is in the 2c range.
MC under 200m - it's scary how far this can go.
General Thoughts, page-2238
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $178.8M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.0¢ | $166.4K | 7.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1302346 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 4313302 | 10 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PCL (ASX) Chart |