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PVT

Well, I misread Pivotal Metals (ASX: PVT) in November. While the price of copper and gold continues to move up, PVT's share price went down. Let's have a look at a couple of reasons.

The Investor Presentation said they were cashed up, and then they released a large bunch of shares to pay bills.

The Investor Presentation had no mention of near-term catalysts or even next steps.

Current shareholders are bemoaning the lack of information and that drilling that was meant to start last year doesn't look like it has started yet.

This one is currently outside my risk envelope. I will check back in a month, but I am expecting that the share price will decline further from its current 1.4 cents, possibly back below 1 cent.

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