Eschmun,
That's very rare. Many exploration companies don't mine anything. PEX really need to hurry up before zinc price starts to come down in 2 years time as Glencore and large miners ramp up production. Ask yourself if in 2 years time zinc is trading at 50% less (i.e. US$1500/t) than you finally got finance (debt) to build a mine, than what to do?
T1 - they wasted 1 year without drill a hole, PFS probably will delay for 1 year. So that's 2 years of delay. Than you need finance and build mine (another few years of delay the way he is going). Rob doesn't realise it is a race against other zinc companies and time.
Ann: Mallee Bull Update, page-23
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89603 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 8500 | 1 |
View Market Depth
| Last trade - 16.12pm 02/12/2024 (20 minute delay) ? |
| PEX (ASX) Chart |
Day chart unavailable
