I have little idea why PMT is down significantly, but I doubled my holding at these levels today - and I only bought in recently at 35.5 initially after watching it for many years thinking I missed out.
From what I can tell, they also have plenty of cash - around $100 Mil as at end June - so a bit less now of course.
Superior deposit Superior management (Ken Brinsden) Tier 1 mining jurisdiction
OK so Trump may have set back the North American EV market a little, or has he??. He's good mates with Elon so the US car producers aren't about to let Elon just take the whole EV market.
Eventually, the region will need a lot of Lithium and they probably won't want to be buying that from Giiina (aka China)!!!!
PMT would be a very nice addition for Albermarle or Pilbara Minerals for their long term domination of the industry...............
Let's see. I think it's worth $1 in the next few years if spodumene pricing recovers to say US$1,200/MT or more.
PMT Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held
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