Been doing some research on PNX and everyone seems to have forgotten that PMX has one of the highest silver deposits in Australia...
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3 times the grade of SVL. Simlar Silver grades to IVR but with Zinc and Gold.
PNX is cheap on its $40m Gold JV alone IMHO. That said, the Silver is amazing...
85m at 309gt, and 161 gt from only 2m deep.
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I'm expecting a big rerate from current prices.
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