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