Considering PM1 SH are using A4Nas a comparison, I have done anapproximate timeline showing A4N's approximate SP movement and MC at variousdates and stages of their development. I have tried to entercomparisons with PM1 data as best as possible. I hope it's clear enough tofollow.
Note: A4n had previous ASX codes of AUK and CLL.The main points I can see to mention are:
1. On 5.10.2017 A4N confirmed excellentreturns for Ni, Co and Al - SP went to $0.057. Up around 100%. A4N MC now $25m.
When PM1 confirmed the DNi Processproduced results for Ni, Co, Al and Mg - SP didn't alter from $.019.
2. On 24.11.2017 A4N confirmed HPA purity of 99.99% (4N) -SP went to $0.112 - Up almost 100%. A4N MC now $48m.
When PM1 released results for the same HPApurity of 99.99% (4N) -SP didn't change from $0.019.
3.On 19.12.2017 A4N Directors were givenshares as part of their remuneration - SH had already increased by a further43% to $0.16. A4N MC now $70m.
4.On 23.9.2019 A4N had 1st HPA testresults - SP went to $0.18 - Up 100% on the previous lows. A4N MC now $108m.
PM1 waiting on test results.
5.On 10.2.2020 A4N signed MoU for byproduct off-take of HPA process. (NOTE: By-Product - NOT Product). A4N MCnow $163m.
PM1 waiting for Off-Take deals.
6. On 9.12.2019 PM1 announced positive PFS for Ni, Co and Mg. PM1 SP didn't change.
7.On 7.2.2020 PM1 announced outstandingresults on HPA Scoping Study. PM1 SP didn't change (except for the up and down to $.027)
8. On 11.2.2020 PM1 announced acquisition of Sewa Bay Nickel Project. PM1 SP didn't change, even though we now have ourown ore!
Conclusion:
Therehas been a great deal of information posted for PM1, so I don't need toreiterate. Except to say our market cap is ridiculously low.
I'mnot here to gripe, just show some reported facts according to announcements andSPs from both companies. But I have tosay this:
WHO THE FORK WOULD SELL PM1
and
WHY SELL INTO IT TO PUSH IT DOWN TO $0.018
Gofigure!
All IMO, DYOR
GLTAH
