PEX 4.17% 11.5¢ peel mining limited

36c Rights Issue, page-27

  1. 133 Posts.
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    Hi Smoking

    No quantifiable value is what I am talking about - obviously I don't think PEX has no value, if  I did I wouldn't be here! And I'm not implying that VXR has greater value than PEX, far from it,

    I'm simply comparing the current Market caps of the co's and their respective deposit NPV's. Re VXR, whilst things haven't always gone well in the past, I personally believe that the situation has 

    fundamentally changed, primarily driven by the Cu drilling success late last year at Sulphur Springs DYOR   

 
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