Pfuzzy, I'm not sure what are you fuzzy about. "1) T1 closer to...

Pfuzzy,

I'm not sure what are you fuzzy about.

"1) T1 closer to production - IMHO it will"

In 2012-2013, we didn't have anything for T1. Now we have some good drill results. We need more and in combination with zinc/lead boom. I'm only asking minimum double current share price (as stated 40c-70c). In the boom time it can happen overnight.

2) Zinc price US$2/lb and copper US$4/lb (which I think they will)"


Zinc, lead and copper are looking very good. Market will once again feel very excited about zinc and copper boom. Yes, every boom will bust. But every bust will boom. PEX is still standing. Current share price I'm sitting on massive profit already. I don't need it to boom, but would be great if it does. In the boom time, market will be very excited anything to do with zinc and copper. I already said share price to raise to between 40-70c, so I'm only asking minimum double current share price. In the boom time it can happen overnight.

3) More high grade hits at Wirlong, MB and Wagga - I think they will

In 2012-2013, we didn't have anything for Wirlong. Now we have some good drill results. We need more and in combination with copper boom. I'm only asking minimum double current share price. In the boom time it can happen overnight.

4) Without issuing too many shares."

Since 2013 to 2017, in 4 years we only issued around 30-40m new shares and most of them to holders with long term goal rather than mum and dad investors or traders for short time profits. With 30-40m new shares in the last 4 years what have we achieved so far:

1) T1 discover & PFS coming
2) MB resource upgrade
3) Wirlong- good drill results
4) Wagga Tank and others - some good results

If you ask me PEX is to issue around 30-40m new shares and able to achieve the above 4 points, I would say that's money well spent. Have look at several explorers, they are printing shares like toilet paper. Even with your THX, when it was trading at 20c no holder will believe THX will be issuing new shares at 2.5c. It did happen. Is not possible in the future THX might issue new shares at 1c?

Just IMHO