Ha ha - what a joke. The self confessed traders are now crying 'high risk - no resource - low grades - not battery grade (whatever that means, it never is as it comes out of the ground).
So what is their motive ??? You would never guess, but would it be that they are desperate to get back in before the TH for results?
IMO the grades will match or exceed the neighbors' (because PNN is closer to the hills which could be the source of supply) and with Pular drilling in Jan, the cap will go to 100m at least on those catalysts.
The world is desperate for lithium, and a good brine can be brought to production much quicker than a good hard rock deposit.
Stars are aligning for PNN - too bad for the profit takers who overplayed that hand.
PNN ..caution, irrational exuberance, page-25
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $13.21M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.0¢ | $112.1K | 915.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 663745 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| PNN (ASX) Chart |