PEX 0.00% 12.0¢ peel mining limited

Oh i hope for Christ's sake they don't go off on more drilling...

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  1. 4,168 Posts.
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    Oh i hope for Christ's sake they don't go off on more drilling crusades before they start prepping for mining what they already have. Concentrate on producing cash flow. The glacial pace of progress is likely to ensure they miss the sweet spot with metal prices. Production of Zn etc is ramping up with a lot of new mines soon to be coming on line. That is something which is in their sphere of control. No doubt they will stuff it up just like they did with the last rights issue. Having it at the bottom of the 12 month price cycle.
 
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