PEX 3.33% 14.5¢ peel mining limited

Smart Cookies, page-44

  1. 5,273 Posts.
    lightbulb Created with Sketch. 503
    Fair point GT55.

    I agree that mining is not the focus of their end game. But hoping to prove up enough ore to attract an offer.

    However part of my criticism which i did not allude to ( as i have done numerous times before ) was based on the fact that Peel have spread themselves too thinly over too many projects. The time & resources wasted on MB for instance. Which continues to this day. Now obviously by trying to convince a reluctant JV partner to continue supporting the project. Then by devoting resources to drilling or carrying out exploration on numerous other projects hoping to strike it big.

    I cant understand why S.N isn't compelling enough as is to occupy the entire focus of the company.

    They always seem to be trying to play it safe. Trying to keep as many irons in the fire as possible. Hoping that if 1 doesn't pay off than maybe another will. I think i would respect management more if they just had a red hot go on S.N. There is low hanging fruit that is begging to be drilled. Right next to hole WTRCDD238. Where 35 @1.87 g/t was found. Put Mallee Bull, Wirlong & the others on hold.


 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
-0.005(3.33%)
Mkt cap ! $84.25M
Open High Low Value Volume
14.5¢ 14.5¢ 14.5¢ $14.87K 102.5K

Buyers (Bids)

No. Vol. Price($)
2 155956 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 351554 6
View Market Depth
Last trade - 11.42am 04/06/2024 (20 minute delay) ?
Last
15.0¢
  Change
-0.005 ( 0.00 %)
Open High Low Volume
14.5¢ 15.0¢ 14.5¢ 125172
Last updated 12.42pm 04/06/2024 ?
PEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.