XAO 1.03% 7,817.4 all ordinaries

After basing around 2c, Pioneer Resouces [PIO] is just taking...

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    After basing around 2c, Pioneer Resouces [PIO] is just taking off.
    New offtake announcement with Cabots for all of their Caesium resource.
    Cabot providing funding. See announcement https://www.asx.com.au/asxpdf/20180620/pdf/43vxfhpd4ktgt7.pdf
    SP up from 2c to 2.5c  2.7c already but has caught many off guard as recent TH announcement said it would be Friday but actually released this arvo. Still many punters yet to notice. Should get above 4c by the end of the week and above 7c sometime in July once announcement of commencement of mining is release.
    (PIO also has conglomerate gold, kalgoorlie gold (JV with NST) and NiCo prospects in progress)
    Presentation given today in Gold Coast https://www.asx.com.au/asxpdf/20180620/pdf/43vxfkmmyjn06j.pdf
    Last edited by Superchicken: 20/06/18
 
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