PEX 0.00% 11.5¢ peel mining limited

SOUTHERN NIGHTS RETURNS FURTHER HIGH-GRADE INTERCEPTS, page-13

  1. 4,168 Posts.
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    Unfortunately Sarg i dont think the market is that interested in all the former projects mentioned. It is Southern Nights that has grabbed its attention. It will remain Southern Nights unless one of the former comes up with drilling to ignite this level of significant interest. Apart from a brief flirtation with the $0.70 area when Mallee Bull was looking bigger than thus far proven. The market had trouble pricing Peel for any extended length of time at a price greater than $0.25. Maybe if T1 gets operational & starts providing significant free cash flow it will have a similar effect.

    The other projects are IMO seen by the market as somewhat hamstrung by being JV's
 
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