pmh/sandfire jenkin fault zone, page-2

Hi Dagg
Your highlighting of Northling and Corktree is important
They are representative of a number of potential gems the Coy has in its larder

The ann report is very insightful and should be studied closely by any serious investor in PMH
Pages 2-12 should be read carefully
The exciting revelations there are:
1 Ann Mason 'The co is awaiting approval for expanded exploration of the Ann Mason site.' Further drilling here could increase this res of 7.1bill pounds considerably as drill holes are all open at depth. This JORC RES is already a world class deposit and is about to get bigger

2 Blue Hills 'The co has not yet ascribed a target size to the discovery but notes the known ...deposits ... range from 162- 810 million tonnes.'
This is likely to be another Ann Mason which would result in a combined res of over 15bill pound. Too big for a major Copper producer to ignore.

3 Sentinnel 'The co is looking to secure a development partner by the end of the calendar year to accelerate the assessment of the Sentinnel project.'
This U, Mo and Ge project has substantial cashflows and will immediately boost the co into a higher shareprice bracket

4 Mystique 'The soil anomaly is greater in dimension and tenor than the Tropicana gold deposit.'
Tropicana nearby is 5mill ozs gold
PMH has a free carry for 20% of the project. This may be 1mill ozs of gold.
If we multiply 1mill by an operating margin per oz of $500 we have something worth $3.00 per share

There is a lot about to happen over the next 2 quarters