PEM perilya limited
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the longer it stays down here

  1. Yaqona
    3,666 Posts.
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    04/08/08
    10:15
    Post #: 4068657
    If these prices persist for any length of time, PEM will be in danger of a hostile takeover.

    barely above it cash position, below its NTA, and with Mount Oxide and its Zinc/Lead assets...

    Current prices are chump change for a medium tier company.

    Is it so hard to envisage a bounce in the commodity prices that underpin PEM's profit...?

    Happy to buy at these prices, as the downside risk is so small...

    DYOR
    PEM Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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