PEX 4.17% 11.5¢ peel mining limited

Hi LuigiFor the understanding of the young bulls out there how...

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  1. 1,739 Posts.
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    Hi Luigi
    For the understanding of the young bulls out there how many years did you hold Dalrymple etc before they hit paydirt??
    I guess not overnight exercises, with most experienced industry players suggesting from time of floating a company it’s often 10 years plus when if ever they get lucky enough to find a significant mineable discovery!. 

    Peel has been persevering for about 11 years so that’s in line with general expectations, without guarantee so I beleive with three discoveries Wirlong Mallee Bull Wagga Tank Southern Nights (sorta 4) we’ve done incredibly well thus far!!.
    This is one reason why I reckon we are too cheap, just 220 million shares on the register is another. 
    My Mum had a medical appointment recently, afterward went to a Cafe to recuperate, she drove herself to both, alone at the tender age of 96. Likes Peel too. 
    So there’s hope for us yet Luigi, stay the course sir lol!!. 
    Sarg 
 
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