Ann: Correction to Appendix 5B, page-3

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Frogen

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06/02/19

10:50

Post #: 37346015
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Originally posted by ThinkinLoudly ↑

Originally posted by ASX News

Release Date: 01/02/19 14:35

Summary: Correction to Appendix 5B

Price Sensitive: Yes

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good 'ol Payroll N eXpenses.

I see they have managed to spend most of the cash on salaries and so likely to be putting their noses in the trough again. how can they lure the punters this time I wonder?

there's a half year report due early March which might have the 'going concern' tag attached to it so that will not be very helpful

i think there's some more drill results in the cupboard which haven't been published yet, so maybe they might be used. a few adjectives like massive, open in every conceivable direction, adjacent company's flagship wild backside idea of a project, Hayes Creek, , might need to dust of the pfs or dfs or whatever they call random number reports now days given favourable volatility in market prices, chuck in a few "lithium's" , maybe some cobalt, manganese is sort of emerging as interesting, blah blah. Surely the punters wont recognise this as lipstick on a pig. Might be good for another million and so a years salary. How old is Fox ... is he nearly at retirement age? (here's hoping!)

tough one. CR maybe sooner than 1/2 yearly.

have a great day

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I am inclined to agree but there is something sticking in the back of my mind. How has the board managed to ' pull the wool over the eyes ' of the German company Delphi Unternehmensberatung . They hold nearly 19 % of PNX with recent purchases @ .008c . I just wonder if there is some other game at play here .......
PNX Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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Ann: Correction to Appendix 5B, page-3

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