PEX 0.00% 11.5¢ peel mining limited

It's a very good question Mickey. I interpret the SBM managing...

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  1. 563 Posts.
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    It's a very good question Mickey. I interpret the SBM managing director's comment that they are not a passive investor to mean that they are either conducting due diligence regarding making a takeover offer or waiting on further results from Southern Nights and the T1 PFS before launching a bid. I expect more good results from Southern Nights this week. Whether that be strike extensions or down dip will be interesting.
    I think down dip extensions are a very high probability but further strike extensions will have more positive implications. All IMO.
 
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