Post by
KT88x4 on May 30, 2022 9:35pm
PMET's neighbour?
I had PMET on a watchlist and forgot about it. Think I've missed the best of the run here. Does anyone know anything about their neighbor? Winsome Resources are ASX listed (WR1) at only a 55m market cap and their Cancet prospect is just next door. Any PMET investors here had a look at it? Thanks
Comment by
MightyPoPo on May 31, 2022 10:02am
Market cap is still relatively modest. If you were to give it same market cap as Frontier you would be looking at around a double from these levels. If the drill results continue to deliver you could get to your $1 billion market cap (around $10 a share) or perhaps even more. I personally have never had any success investing in 'area play' stocks.