Case Study - Pinnacle Minerals Ltd (ASX:PIM)

March 23, 2022

Pinnacle Minerals Limited (ASX:PIM) is a kaolin resource explorer and developer of its four projects/tenements in Western Australia and South Australia (Bobalong, Holly, White Knight and Camel Lake). Pinnacle's initial focus will be on the exploration of its WA projects (Bobalong and Holly).

Key Investment Highlights:

  • Kaolin - focused on the exploration & development of kaolin, a commodity which has seen significant price appreciation, trading around all-time highs of ~A$300/tonne
  • Pinnacle Minerals will trade at a significant discount to its peers allowing for significant share price appreciation once listed. Peers include Andromeda Metals Limited (ASX:ADN), iTech Minerals Limited (ASX:ITM), and Latin Resource Limited (ASX:LRS)
  • Up-coming news flow: bulk sample results for product analysis and marketing, along with drilling at Bobalong and Holly

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