Funkbunger I believe they are worth holding. I would recommend...

Funkbunger I believe they are worth holding. I would recommend to speculative investors that they should buy this stock as they have a lot of upside based on the results so far at Mallee Bull and the overall Cobar Superbasin project. PEX is not a blue chip and there is the chance of further sp falls - those averse to risk should not be in this stock. I believe the stock is far more likely to go up than down. It is the old risk versus reward proposition although with the share price where it is now , the stock is to an extent de-risked.

I hold a large parcel of shares and bought in at an average of 38 cents so I am not pleased about the paper loss. At this stage I am not intending to buy more shares as I don't have spare capital. Nor am I intending to sell because I believe the share price is likely to go up as more exploration dollars are put into the ground and importantly the scoping study at MB is completed in the near future.