I think it's likely to do with Chris Ellison (MIN) and current...

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JG Gallo

14 Posts.

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14/11/24

14:03

Post #: 76606167
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Originally posted by Bluegoose: ↑

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.

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I think it's likely to do with Chris Ellison (MIN) and current investigation going on, there's speculation he has PMT shares? BuyLowSellHigh posted about it on X. If this is the case, I think its created a good buying opportunity, IMO.

PMT Price at posting: 32.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 25.0¢		Change -0.010(3.85%)		Mkt cap ! $134.8M

Open	High	Low	Value	Volume
25.5¢	25.5¢	24.5¢	$451.0K	1.795M

Buyers (Bids)

No.	Vol.	Price($)
1	30000	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	32000	1

View Market Depth

No.	Vol.	Price($)
1	30000	0.250
7	93329	0.245
11	405058	0.240
2	6800	0.235
7	62283	0.230

Price($)	Vol.	No.
0.255	32000	1
0.260	34397	3
0.270	101043	2
0.275	36363	1
0.280	65418	3

Last trade - 16.10pm 17/06/2025 (20 minute delay)

PMT (ASX) Chart

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