PNN - Power Minerals

[burglar]

Exploration Commences Santa Ines Project Argentina:

Announcement

 

[burglar]

Hi,
Me again!
Good move today!!

 

[barney]

Hi,
Me again!
Good move today!!

I noticed that today Burg ...... I used to hold PNN a couple of years back ... A lot of potential and good management .... Hope it heads north for you

 

[burglar]

.... Hope it heads north for you

Hi barney,

And may your longs, head north for you!

 

[System]

On November 16th, 2017, PepinNini Minerals Limited changed its name to PepinNini Lithium Limited.

 

[System]

On September 11th, 2020, PepinNini Lithium Limited changed its name to PepinNini Minerals Limited.

 

[frugal.rock]

PNN probably worth a revisit / look at, going by recent action.
Name changes noted as per above system announcements.
Some weird price movement there up till the end of August in very thin volume. Not sure what ended that scenario?
Not held.

 

[Trav.]

this is getting pumped up on social media.....jump on the PNN train they say

 

[greggles]

this is getting pumped up on social media.....jump on the PNN train they say

Looks like this time social media was right. The PNN share price has shot up from 40c to 60c.

They released an Exploration Update yesterday that has generated a lot of interest and volume has spiked. Looks like there's not a lot of supply at the moment so the share price has seen some decent gains.

They certainly seem to have a lot going on for a company with an $18 million market cap.

 

[greggles]

One year later and things still moving along nicely.

Today PNN announnced that it has entered into an MoU with lithium extraction company Sunresin New Materials Co. Ltd. for the evaluation and development of the Salta Lithium Brine Project. This is a huge move forward toward production and I have no idea why this announcement was not flagged as market sensitive by the ASX.

New management look to be accelerating this project through to production, which is a very good strategy given the current lithium price. If all goes well, PNN should keep moving north long term. The fundamentals are there IMO.

 

[System]

On June 17th, 2022, Pepinnini Minerals Limited changed its name to Power Minerals Limited.

 

[Dona Ferentes]

Pepinnini Minerals Limited changed its name to Power Minerals Limited.

a bit of saline lithium, a bit of hard rock lithium, went looking for halloysite and come up with ionic RE, as you do. Now with m/c of $18 million and shares at 30c

High-grade heavy rare earth results returned from drilling at Eyre Peninsula Project
• 37-hole aircore (AC) drilling program for 1,568m completed at Eyre Peninsula Project, South Australia
• All samples returned greater than 1,000ppm TREO*
• Drilling targeted Dickson Well (EL6681) and Yeelanna (EL6677)
with highlight results including;
o 9m at 3,015ppm TREO of which 13.2% is HREO* from 41m,
including:
2m at 7,305ppm TREO of which 24.2% is HREO from 42m in hole PKD23-135 at Dickson Well.
o 10m at 2,097ppm TREO of which 8.3% is HREO from 10m in hole PKD23-161 at Yeelanna
• 7,495ppm TREO returned in sample PR-105 (over 1m) is the highest known clay-hosted REE concentration achieved in South Australia; and which included 32.8% of HREO (2,460 ppm)
• Results confirm a substantial increase in REE concentrations at Dickson Well from previous drilling, and the first reported REE concentrations from the Yeelanna area
• Drilling also confirmed kaolin mineralisation at Yeelanna and
samples from Yeelanna have also been submitted for halloysite analysis