PEM perilya limited
Add to My Watchlist 0.00% ! 35.0¢

Sorry, but you guys have no idea....They effectively only sold...

  1. TwinTurboCelica
    10,131 Posts.
    lightbulb Created with Sketch. 682
    clock Created with Sketch.
    11/09/08
    16:32
    Post #: 4255833
    Sorry, but you guys have no idea....

    They effectively only sold 1/4 of this project. They have moved from owning 100% of the project to holding approx 75% of a holding company that has the project plus $10M in cash.

    It means that PEM now have the drilling funded and the having the asset valued seperatly on market...

    All good.... market got this wrong IMHO.
    PEM Price at posting: 18.7¢ Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS New targets and high-grade intercepts drive Bullabulling drill expansion
right-arrow Created with Sketch.
NEWS How to handle a financial crisis and turn setbacks into setups
right-arrow Created with Sketch.
BML Boab Metals secures path to full ownership of Sorby Hills Project
right-arrow Created with Sketch.
NEWS Outstanding thick high-grade gold revealed in first Greenewood assays
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 024 – Two '4D' stocks to watch, but only one winner
right-arrow Created with Sketch.
NEWS The 4 sectors poised to benefit from Australia's immigration wave
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.