Agreed, there is a lot to like in this presentation.
Broken Hill LOM - Reserve update in Dec Q. IMO this will confirm that other areas of the mine previously moth-balled will be brought online in the not too distant future.
Slide 13 - Look at the size of the Beltana Zinc silicate area compared in comparison to the other targeted areas.
If it had not been for the recent DOW activity we would be through 60c by now; minor set back but upwards momentum will return. I would of liked to see a follow-up to slide 3 showing market cap/cashflow comparison to peers.
IMO this is increadibly undervalued [has been since my initial post at PE of 5] when considering the current price of Zinc/Lead/Silver. If global demand picks-up and the price improves for these products then this presentation pack demonstrates who has the ore and production capability to leverage such an event. Hope the Macquarie attendees' were taking notice.
PEM Price at posting:
49.8¢ Sentiment: Buy Disclosure: Held
