I never actually thought about a PLS all-script for some reason. I figured they'd used their cash and script. 50/50 abouts.
An all script is really interesting... they keep the cash pile and divies growing and have unlimited exploration upside in a tier 1 area.
Something I keep forgetting that another poster said... If PMT could sell CV5 by itself for 3B and then explore the crap out of the other 45kms and never need a CR and maybe even do a buy-back/special DIV. That would be the ultimate for PMT holders. You reading this Blair?!
It's really the best play...there's another 2-3 years of drilling for just 1 company. Break it up and sell off a CV cluster and let 3-4 miners/battery makers pay 3B a piece. Get 3 companies doing the same thing and PMT is the explorer.
GXY did that kinda with POSCO.
Just need to keep drilling and the options come to PMT in spades.
PMT Price at posting:
$1.74 Sentiment: Buy Disclosure: Held
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