PEX 0.00% 11.5¢ peel mining limited

Ann: Southern Nights Returns High Grade Infill Results, page-91

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  1. 4,168 Posts.
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    Yes that may be a possibility RoyE. But if it is then R.T should be conveying that to the market. That may even instill some confidence in people that they actually have a plan to grow this company. Keeping quiet about everything other than drilling results is doing nothing to assist the share price.

    I certainly hope someone else is in charge of Peel if the company ever gets to the stage of thinking about building a plant. Given the 18 months it took to do a PFS on a relatively small deposit like Mallee Bull. I shudder when thinking how long they would take to do PFS for Southern Nights. Then a bankable feasibility study after that. Then plan & build a plant. My god it would be a 4 - 5 year process at least.


 
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