I phoned PMH last week. The coy is very understated.
My personal take is
1 The docs are with the ASIC
2 The timetable may be only 2 weeks behind schedule
3 An ann may come by 31.3
4 The Yerrington Nevada area has a potential res of over 30 bill llbs plus making it one of the largest Cu belts in Canada and USA.
5 The rationalization of this area has begun and Rio/ Ivanhoe will likely take control thru Entree
6 I cant see a reason for ASIC to reject the deal. Issues of National interst lie with the USA and they've already lost controlof the Yerrington res.
7 the merger will take 7 mths to complete from the Nov ann which is flushing out the short term investors
8 Im predicting the value of Entree shares and the cash recd will be double the curr price by July.
Waiken
- Forums
- ASX - By Stock
- PMH
- today's value - 36c
today's value - 36c, page-19
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PMH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online