PAK 0.00% 1.7¢ pacific american holdings limited

Ann: Rights Issue for Asset Development, page-20

  1. 287 Posts.
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    Hey @fishfordayz

    I'm new to the company. Can you kindly tell what your thesis is for backing this company. The only play here seems to be continued "life support" financing until the coal assets are revalued through a sale or JV deal -- not exactly enough to work on the coal assets. Everything else is activity for activity and excitement sake.

    Since you're on the top 20 register, have you considered pushing for a consolidation strategy with other juniors with a view to providing a pipeline of projects in different stages like BCB or AHQ? MR1 would make a great partner. They're cashed up but having trouble recently in Alberta and are looking for other assets.

    Thanks in advance.
    Last edited by LXH-AU: 13/09/21
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