PTS 0.00% 4.0¢ platsearch nl

PTS is a project generator - very productive in that role....

  1. 205 Posts.
    PTS is a project generator - very productive in that role. Shareholders must understand though that PTS prospects are high risk grass roots plays. That is why they farm out the high risk drill test phase to other players.

    If PTS were a new listing, with the portfolio of quality properties, it would surely attract a premium. However, having been around a while, PTS is living proof of the long odds attaching to grass roots exploration.

    They are an efficiently run, well managed company that has the respect of the majors and their peers. The reality is though that they need a discovery to deliver serious share price appreciation.

    Of all explorers, PTS is a bottom drawer hold. One day they will deliver. What you can be sure of is that they will ensure that a lot of dollars are spent by others on their properties, while their own outlays are kept low. They have consistently been able to secure funds, even through the cycle lows.

    I hold. DYOR
 
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Currently unlisted public company.

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