PIO 10.0% 1.1¢ pioneer resources limited

And there we have it :D Many many millions of AU$ now flowing in...

  1. 236 Posts.
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    And there we have it
    Many many millions of AU$ now flowing in to progress the planned mining campaigns of PIO. It is funny that with all the angst around the confidentiality of the Cabot deal that ultimately it was PIO, Cabots & a 3rd International player completing a complex confidential deal.. So many risks to derail the deal... no dramas in the end. The Hampton's crew should also be happy with their work and no doubt would be enjoying a break now and beating the heat.

    So, with the positive incoming cashflow:
    - Will PIO use some of it to see what is just underneath the mine floor and define that Lithium resource further?
    - Will PIO use some of it to explore other identified targets along Sinclair for Pollucite?
    - Will PIO use some of it continue drilling Golden Ridge to sure up the already sizeable Cobalt/Nickle resource?

    Maybe even Sinomine might throw out some 'loose corporate change' to drill some locations at Sinclair, just like Cabot did... or off-take our:
    - 22,000t of KFX potassium feldspar with elevated rubidium and caesium
    - 27,000t of predominantly lepidolite mineralisation




    Anyways, things to note from the chart
    PIO 19 02 03.jpg
    - MACD about to cross in positive territory
    - Sharp increase on OBV, lots of big green days
    - SP consistently climbing above EMA100
    - SAR due to flip
    - EMA200 at 19.1c!

    So exciting, I'm looking forward to future news releases!
 
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Currently unlisted public company.

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