PNX 25.0% 0.5¢ pnx metals limited

Ann: Kin Mining and PNX Metals Merger, page-2

  1. 4,223 Posts.
    lightbulb Created with Sketch. 2939
    13 x $0.005 - $0.065 current at call market value for 1 KIN share currently trading at $0.085.
    No Debt, $89.6M liquid assets (cash).
    Consolidated management team.
    Add current MC of both together - PNX $26.9M KIN $100M neat - PNX holders land with 28% of merged entity ($126.9M x 28% = $35.532M)
    Wonder if this will get things moving at Fountain Head/Hayes Creek & Mt Porter.

    Near-term opportunities to advance the Pine Creek development projects with key environmentalapprovals granted for the Fountain Head gold project and technical studies well advanced for the Hayes Creek zinc-gold-silver project.
 
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Mkt cap ! $29.85M
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0.4¢ 0.5¢ 0.4¢ $2.416K 539.3K

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No. Vol. Price($)
29 20257667 0.4¢
 

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Price($) Vol. No.
0.5¢ 7290208 8
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