PEX 0.00% 11.5¢ peel mining limited

Strong Return Scarnario

  1. 1,739 Posts.
    lightbulb Created with Sketch. 166
    Hi Stalwart Investors..

    In pausing to contemplate recent announcements (having declared that I'm certainly no geologist) and as I put my business broker hat on (with no formal financial advice given) I can't help but consider the reasonable odds of a very healthy "return on investment scenario" as news breaks.

    Despite many having held Peel for years it's nice and reassuring to appreciate the probable catch up benefits in percentage return, from now on, and in due course.

    So what's the "big deal'?. Well simply 18-20c to twenty four cents is at least a 20% return on your our money and I believe Peel is certainly poised to return much more than that.

    Recent achievements being;

    Mallee Bull (Dig & Truck JV)
    1.Resource upgrade at T1 Mallee Bull= Likely Mining -prudently Peel own the property.

    2.Wagga Tank
    (Peel 100% owned) has been scrutinised by several parties as a very exciting re-discovery one which cost us next to nothing just $40k. Huge high grade gold zinc etc possibilities.
    Drilling with confidence continues with more lab results soon due.


    3. Wirlong
    has roller coastered our opinions of late however recent "proven lab results" are coming in as significant and much stronger than anticipated by XRF and this may we'll continue, importantly over a "large strike zone" of kilometres, not just an isolated pipe. The ore may be stacked and split but world class quality grades are there.
    Copper with Au Ag credits just a teaser of what's to come?. Drilling confidence and work continues.

    4. Apollo Hill
    An asset parked for quite some time nonetheless a very valuable resource (500,000 oz plus) to be either grown, sold, or held awaiting a lower AUD or a local miner keen to JV or secure resources to compliment their current mill processing.

    5. Cobar Tenure
    Is a massive 5000 klms tenements with new explorative work commencing at sites very soon.

    6. Cash at Hand & Corporate
    St Barbara's recent investment of $3 million for a 10% shareholding in Peel was smart "opportune" buying.
    CBH at Wirlong provide access to processing infrastructures for our earliest opportunity for cash flow from T1 and Mallee Bull regionally.

    JOGMEC
    Providing genuine assistance and keen interest at Wirlong and they show strong representative interest in Peel achievements in the Cobar tenure package.

    In essence we enjoy security through "world class grade results" within a quality mining region, with little opportunity to ignore this outstanding well defined potential.
    The  broader market must take greater note and thus act, before others "in the know" take much greater control, or just take us over on the cheap.

    Sarg
 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $63.91M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 89603 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 118500 3
View Market Depth
Last trade - 10.06am 04/12/2024 (20 minute delay) ?
PEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.