PMY 16.7% 0.7¢ pacifico minerals limited

Ann: Updated PFS Confirms Strong Economics of Sorby Hills, page-24

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  1. 3,056 Posts.
    lightbulb Created with Sketch. 7

    Agree the story has some merit, but 50 million shares is not a lot when there are over 1 billion on issue now.

    When you also consider the Sept 2018 capital raisings where they issued 213,000,000 shares to sophs at 0.006 and 473,000,000 shares to retail
    at 0.006 we aren't even close to churning through those. Going to be a long slog imo.
 
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