Short Term Trading Weekend Lounge: 4 - 6 June, page-56

  1. 2,858 Posts.
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    STTCOMP PNN FA Long

    MC 12M
    SOI 45M

    Time to re-tip PNN as things are hotting up under the bonnet.

    Pepinnini is a diversed mineral resource explorer with great holdings of Kaolin and PGE in SA, and Lithium brine, gold and copper in Argentina.

    Such resources are all in demand, and PPN's MC is disproportionally aligned at only 12M. As such there is ample room to move, and when it does, the small register will gretaly assist.

    The catalyst for this new tip is the recent 'challenge' to board positions by a successful investor who has now holding the necessray 5% to upset the apple cart. This move may see a significant tightening of the register, which of course should raise the price. I'm hoping for .38 resistance coming into play by the time of the forced meeting within 3 weeks.
 
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