PEX 0.00% 11.5¢ peel mining limited

Hi Nij Well thought out and said all makes sense. Whatever the...

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  1. 1,739 Posts.
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    Hi Nij

    Well thought out and said all makes sense.

    Whatever the case any buying now is still far cheaper than awaiting more upgrades, so the average is still lower.
    In respect to a takeover I agree that most are loyal shareholders so they tend to understand how these deals work.
    Nonetheless the whole point is that a larger company won’t have to spend lots of money and time to discover the minerals as Peel is good at that, the mining is another field for the big boys to step wirh and commercialise.

    All quite fair really, for the explorers and miners!

    Sarg
 
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