I am new here and I have been watching PLL for a long time. The current share price is very enticing on a risk reward basis. I admit the image on googlemaps gave me cold feet to see it is in farming areas, but surely they would not have come this far if they thought there was buckley's chance of getting approvals. The statement released states they are confident of meeting or exceeding all the regulatory standards outlined.
I have a few questions I would appreciate feedback on:
1. The same question as KingALing. Is there any similar mining precedent around there we can use for guidance?
2. In case they don't get permits, I would assume they would re-direct efforts and all the liquidity they have to fast track the Ghana mine. Yes the share price could tank a lot in the short term as a reaction, but could the African mine compensate to justify the current market cap and see the share price get back to this level in time?
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Mkt cap ! $62.55M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 14.5¢ | $205.0K | 1.365M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 78734 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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15.5¢ | 205651 | 8 |
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No. | Vol. | Price($) |
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1 | 12734 | 0.150 |
6 | 126190 | 0.145 |
13 | 446549 | 0.140 |
10 | 207607 | 0.135 |
18 | 592356 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 111507 | 5 |
0.160 | 395909 | 7 |
0.165 | 370364 | 4 |
0.170 | 252129 | 6 |
0.175 | 210788 | 4 |
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