PEM perilya limited
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had a good day today

  1. queenfish
    501 Posts.
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    21/04/10
    16:33
    Post #: 6601598
    Has been quiet for some time so I thought I might stir the pot .....
    Up 6.6%, not too bad. I know this is a reaction to the base metal price rise and I'm quite comfortable with the result. Pem still has the "one mine" risk that is restricting the share price. If I were PEM management I would be looking at diversification .... why not spend some of the positive cash flow on Mt Oxide. What about Iron Ore play? CAP has a promising deposit only 60Km away ... no interest!! Others are interested!
    Luck
    Q
    PEM Price at posting: 64.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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