PXX 12.5% 0.7¢ polarx limited

A friend of mine in the game with more knowledge than me did a...

  1. 103 Posts.
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    A friend of mine in the game with more knowledge than me did a little digging on PXX and his unbiased opinion is as follows.
    Good
    1. Looks to have a good geochem signature with a lot of ground for a big deposit
    2. It is in a region where giant deposits are found.

    Negative
    1. Cash flow – they will be chasing their tail (drill - raise money, drill - raise money)
    2. It is hard to get traction on the ASX when you deposits are in far Nth Canada
    3. The resource at present is small and skinny
 
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Mkt cap ! $21.37M
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0.8¢ 4350788 3
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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