PEX 4.17% 11.5¢ peel mining limited

Ann: Southern Nights Returns Stunning Drill Intercept, page-139

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,168 Posts.
    lightbulb Created with Sketch. 157
    Well i dont know about Luigi Sarg, but i bought Dalrymple in 1993 & added to it regularly over the next 6 years until they discovered the Thunderbox deposit in 1999.

    Great price appreciation after that. BUT Dalymple then got taken over by a Lionore Mining scrip bid in 2003. Then essentially went lifeless for another 4 years. Until the nickel price hit $U.S 54,000 ton in 2007 & the crooks who ran Lionore convinced Xstrata to bid on it not long after. I say crooks because they had both Xstrata & Norilsk ( who entered the bidding war ) convinced it was a substantial company. Norilsk eventually won the day with a $6.8B bid. Then about a year after buying it realised it was essentially worthless.

    I doubt those Lionore exec's are still alive. A Russian company is not going to forgive such a con job. Anyway so by the time that was over that was a 14 year investment on my part. But a 9000% + return. Those are rare beasts.
 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $63.91M
Open High Low Value Volume
11.5¢ 11.5¢ 11.5¢ $11.37K 98.94K

Buyers (Bids)

No. Vol. Price($)
1 89603 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 113500 3
View Market Depth
Last trade - 15.48pm 29/11/2024 (20 minute delay) ?
PEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.