PMH 0.00% 26.0¢ pacmag metals limited

Great little pick up that was! Well done and welcome to the...

  1. 437 Posts.
    Great little pick up that was! Well done and welcome to the Pacmag club :)

    In relation to your question, how long is a piece of string? Are you asking how far can she go on this current bullish run, or how far can she go longer term?

    As has been discussed quite frequently, we could be seeing the beginning of the much talked about re-rating... but then again, we might not be. Early days.

    The volume traded today leaves me hopeful that this is the beginning of what some of us have been waiting for for years.

    As you've noted, there's been a steady stream of announcements, but off the top of my head there *should* be more to come including:

    - Hopefully a JV partner for Sentinel "by the end of the calendar year" (Sentinel could be a gun)
    - JORC upgrade for the already massive Ann Mason (unsure when)
    - Any others I'm forgetting people??

    There's also the potential upshoot from PEN if she keeps on trucking north, as last time I checked, PMH has just shy of 40 million PEN shares.

    I guess the short answer is that I don't know how far she can go, but my personal goal with PMH over the years has been dollars, not cents. It might be a slog to get there, but I think she has all the chance in the world.

    Best of luck to ya!
 
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