PMH 0.00% 26.0¢ pacmag metals limited

HiThe Sentinnel result is outstanding 5-10 mill llb target for...

  1. 434 Posts.
    lightbulb Created with Sketch. 47
    Hi
    The Sentinnel result is outstanding
    5-10 mill llb target for U
    Economics for U only production are $30Mill net pa for 250000llbs pa
    Using 7.5mill llbs as the midpoint of the range the mine life would be 30years

    The germanium potential is huge once an economic reagent can be ulilized for recovery
    The mid point estimate of their germanium resource is 900tonnes or 900000kgs @ mkt price of $1000per kg
    = $900mill less expenses So if the extraction exps can be bought to $500 per kg there is a $500mill profit
    This would be subject to a JV split

    So this one project alone has the potential to rerate PMH over the next year

    The other exciting news is found on Nevada Copper's web site GOOGLE NEVADA COPPER
    There's an article from the Northern Nevada business weekly which outlines the level of new funding going into the area and the likely rationalization of the Yerrington area

    The price should begin rerating over the next few months
    as futher announcements are released into the media

    WAIKEN
 
watchlist Created with Sketch. Add PMH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.