PEX 7.69% 14.0¢ peel mining limited

Probably because all he ever talks about is the need for more...

  1. 5,275 Posts.
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    Probably because all he ever talks about is the need for more drilling.Been that way for many many years now. The market is well & truly over it.Of course the next drilling campaign always means more money will be needed. Given the massive shortfall of the last cap raising I will be interested to see how the next one is structured.

    Every metal that they have in their suite of deposits is at near record levels.Even more so in $AUD terms.Yet the share price cannot gain traction.That is a pretty good indication the market is not buying what R.T is selling.

    Rarely does one come across a management that so stubbornly sticks to a particular course of action year after year. Especially in the face of appalling long term share price performance.
    Last edited by Nijiman: 11/02/22
 
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