the big question in my mind is how PAC is going to melt its shares?. with getting $1375000 by TAO, its CR SP should set for 23 to 24c. In other side for next quarterly $n27 should have 2.5M cash in pocket and this is dangerous for PAC investment. I think this change from cobalt ( which is not market darling currently) to copper is in line with PAC demand to melt its shares.
I wouldn't be surprised if the blow up Arunta lithium project in future in favour of PAC shares. But for now, it looks PAC is seeing herself in lost.
Junk, page-6
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