PIM Director do like the value proposition of the PIMO at 3c -...

PIM Director do like the value proposition of the PIMO at 3c - loaded up 1million oppies for $30k cash outlay.

If PIM do this right - show the market good visuals of pegmatite outcrops, rock chip sampling with XRF readings and possibly rock sampling with florescent uv - we could see our current 16c sp with enterprise value of just $4mil re-rate to about $15mil which translates to a sp of 50 cents.

This would put PIMO options in the money with 25c exercise price and if exercised would see $11mil raised for further exploration works.

Peer comparisons with LLI they were as high as $90mil market cap just afew weeks ago, currently sitting around $50mil mc.
LU7 currently at $20mil mc so even reaching $20mil would see PIM sp of about 40c+