PEL 0.00% 1.7¢ pelican resources limited

Ann: Quarterly Cashflow Report-PEL.AX, page-2

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  1. 10,175 Posts.
    lightbulb Created with Sketch. 111
    Another $250k of royalties collected form
    the administrators of Pluton.
    It's going to take a while but Alec is slowly cleaning
    up this shell.
    No selling below .008 so it might be
    safe to just put away a few and see what they
    can come up with.
    Doing a great job with AMN.
    RTO on MUM done also.
    I noticed Alec also converted 7.5m MUMOA @ .006
    when MUM finished @ .004 before suspension.

    Maybe something before year's end.
    Main cash to come from the Philippine's sale
    if it ever gets done.
    Got about $900k so far but the rest is proving
    a bit harder.
 
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