What is the chance that if the SP starts making real gains that PDN will make a placement? The recent $190m from CNNC for a quarter of LHM is only a dent in their $590m-ish debt.
They also have negative operational cash flow - I think the worst to date so far. And they made that $200M deal which means they have to provide 13.73mlb U from 2019 to 2024 which works out to $14/lb - showing they are desperate for cash in the short term.
I'd be interested to hear cases in both direction - that they will or won't do a CR this year. Or at what price it would become too tempting to do one?
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$10.00 |
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Mkt cap ! $2.989B |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 10066 | 9.980 |
1 | 99 | 9.970 |
1 | 23322 | 9.960 |
3 | 20064 | 9.950 |
1 | 10066 | 9.930 |
Price($) | Vol. | No. |
---|---|---|
10.040 | 510 | 1 |
10.050 | 7881 | 1 |
10.060 | 1822 | 1 |
10.090 | 2313 | 2 |
10.100 | 35645 | 4 |
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