PRE 0.00% 6.0¢ pacrim energy limited

morgan, page-12

  1. 4,699 Posts.
    I don't agree Morgan "Consolidation imo is the only way fwd" "Then with luck a cap/r at 2-2.5 cents"

    PRE canot be supported by the share market any longer, all it is gonna take is a market correction or crash during a raising and it's all over...

    This Company is floating aimlessly now, the only thing to save it is a takeover,

    They still haven't reported on the Pre feas yet (btw being done by some back yarder), then they have to do a Feasibility Study (cost a fortune to have someone like Worley, SKM or Hatch do it properly) all the permits etc... it's loooonng road with no money for PRE.

    No, a Take over is the only way, and if a prospective suitor was smart it would let the sp languish til it gets to 0.5c or lower.

    Fat Lady hasn't sung yet, but I can hear her warming up.


 
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Currently unlisted public company.

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