Considering the SP development...23 Apr 2018 19:41
to date, i.e. a few weeks before PM plan to spud its first drill snow leopard, I take note of the fact that the never-been-here-before drill program (4 back-to-back drills in this season), has hardly made an impression on the market so far. All of those who've been around end of 2016 and beginning of 2017 experienced a "somewhat" higher level of excitement.
I agree with bigbench when he says PM's SP should be at least twice its price by now. So what is exactly the reason?
Could it be that the market is just waiting for the confirmations, i.e. that the drilling schedule will actually be executed? Or could it ultimately be that potential investors are even waiting for the confirmation that PM has finally hit the sweet spot?
The way the market is currently reacting makes me wonder to which degree the confidence in PM has deteriorated.
Looking at all the pros and cons about PM and considering all alternatives on AIM: Informed/savvy investors simply don't have a more attractive investment opportunity at this time. It's absolutely crazy to imagine that anyone would want to let this opportunity slip away.