PMH 0.00% 26.0¢ pacmag metals limited

I hope you are right Waiken. I agree re Nevada Copper - this is...

  1. 342 Posts.
    I hope you are right Waiken. I agree re Nevada Copper - this is the big play - getting the dollars in the bank through sale of this asset is the key, either with some trailing royalty (but not wholly based on this - at least this is what Mick Clifford would prefer). They will then be cashed up and ready to go on Sentinel, which I think is their preferred play i.e. where they are an active participant. The JV announced today is a good play and will hopefully deliver them some cash in the longer terms, but it is not the main game. A result like RXM (17c to $2.12 is 8 months, 40c to $2.12 in one month) would suit me just fine.
 
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