Hi Ians The quarterly cash burn wasnt too bad They still have a substantial holding in PEN to sell down to help cashflow The activities report should be interesting
I see last night that Nevada Copper their neighbour leapt up 0.19 cents on good volume. At 1.10 it is 0.10 above the issue price of shares to the Chinese firm ZTS. This enhances the valuation of PMH based solely on its Nevada assets. Hopefully the buying may be a precursor to some corporate activity in Nevada Copper which may spread to PMH and Quaterra the 2 other main players in this Copper province
PMH Price at posting:
8.9¢ Sentiment: LT Buy Disclosure: Held