I don't agree Morgan "Consolidation imo is the only way fwd" "Then with luck a cap/r at 2-2.5 cents"
PRE canot be supported by the share market any longer, all it is gonna take is a market correction or crash during a raising and it's all over...
This Company is floating aimlessly now, the only thing to save it is a takeover,
They still haven't reported on the Pre feas yet (btw being done by some back yarder), then they have to do a Feasibility Study (cost a fortune to have someone like Worley, SKM or Hatch do it properly) all the permits etc... it's loooonng road with no money for PRE.
No, a Take over is the only way, and if a prospective suitor was smart it would let the sp languish til it gets to 0.5c or lower.
Fat Lady hasn't sung yet, but I can hear her warming up.
PRE Price at posting:
0.8¢ Sentiment: None Disclosure: Held