Pity I cannot attend that EGM at Brisbane, I am on site at Mt Isa to set up a drill campaign at the same time.
I would expect an announcement re Munni Munni before the Bris meeting to gain the thumbs up on voting issues. Bit like a by election in politics. The pork barrel gets bigger before votes are cast. Let's see what happens very quickly. The AGM later in the year could get very interesting if they cannot get this SP to stabilise on an upward trajectory.
Crap trading , crap volumes, cannot forgive the lack of news on that extra drilling at Owendale without telling the shareholders the exact nature of what the money was being spent on during the hiatus between RM leaving and the appointment of a new CEO .. piss poor effort in my opinion.
The SP reflects it. Has CN jumped into a frying pan ?? where has the sizzle in the PGM sausage gone over the last 6 months?? That was a rhetorical question! .. RM leaves and the SP dives from circa 17 c to circa 8 cents .. show me the evidence that I am wrong! Has had it very short spurts to 9+ cents recently on volume hardly worth discussing.
The winds of change in the global markets are not blowing in PGM's favour .. the Spartans are rowing against an ill wind at the moment .. missing the window of opportunity for increasing shareholder value last year was / is inexcusable in my opinion. It was well discussed on Hot Copper for some time.
Who's to blame .. very much doubt it's the average punter or the plebs who invest money into the ship and captain when they has mapped directions printed some time ago. The map seems to been lost and the new stewards are trying to plan a revised map.
A few well placed phone calls to the current Captain may provide some "calming" information for the "mug punters" to keep them in check for the time being. I will attempt to call CN directly tomorrow to seek clarity on direction.
I run a private exploration business at a junior level and I always have the BS meter fully charged. Been around the traps far too long to discern between the reality and BS stemming from junior resources sector public companies. I am invested in PGM and I want some answers.
Fed up with the procrastination .. If CN has spoken to ARV, as another PGM poster has alluded to, then tell us where it's at .. where's the announcement? The PGM shareholders meeting is days away.
HR
Just my views .. I want to know where this company ship is headed to in a potential global storm and can the ship withstand the winds of change? Show us a final and firm deal with Munni Munni and some form of MOU on the Scandium ASAP.
PGM Price at posting:
8.0¢ Sentiment: None Disclosure: Held
