PNN 0.64% 7.9¢ power minerals limited

Delay? the results were delayed or delayed in still pending? The...

  1. 10,363 Posts.
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    Delay? the results were delayed or delayed in still pending? The problem was that Hole 1 was with hole 2 - no more results to come for Rincon. Now drilling Pular - awaiting results. no delay here yet. Rincon pumping test well to follow. So yes news to follow but this is some capitulation but when a sp moves significantly, results needs to match. LKE partially failed but still drilling and punished to retrace to 50% of all time high. PNN almost a third. LKE is fortunate as it is has a large tenement whereas PNN cannot have any hiccups. ASN the test is to come with assay due in 2 weeks - if there are any delays there, it too will be punished. This is the issue when there a lofty expectations, eventually we need to deliver. Otherwise the air gets released.
    However i agree sure this can't be continued to be sold off and has to have at lease a technical bounce as there is a tenement being drilled.
 
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Last trade - 15.57pm 09/08/2024 (20 minute delay) ?
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