asteroider
Tricky stuff, but I think this is an overreaction to debt, losses, and declining metals prices?
PEM cap ~110, cash ~85, debt ~28
CBH cap ~190m cash ~130, debt ~187
Resources:
PEM:
Rsv 11mt@8% Zn - Broken hill?
Rsc 260koz@25gt Au - ?
Rsc 15mt@1.3% Cu, 0.05% Co, 9gt Ag - Mt Oxide
Rsc 1.45mt@3.2% Zn, 4% Pb, 44gt Ag: Flying Doctor
CBH:
Rsv 11mt@9% Zn, 4% Pb, 70gt Ag - Endeavour
Rsc 2.2mt@3.4gt Au, 4.2% Zn, 3.1% Pb, 0.2% Cu - Hera
Rsc 16.4mt@3.6% Zn, 1.2% Cu, 15gt Ag: Panorama
Rsc 10.7mt@6.6% Pb, 0.6% Zn, 81gt Ag: Sorby Hills
Rsc 30% 236mt@53% Fe, 10.3% Si, 11% LOI: Constance Range
Am I missing something here?
asteroider
I see CBH plans to spin out the last two prior ( Sorby hills, Constance range [and mineral hill])
asteroider
Seems to be bouncing nicely today.
Rumours of heavy shorting, so I am glad the shorters are on the run.