Insideman, a year ago you were one of managements biggest detractors, now you're the most fervent believer.
Anyone who has held PDY for a long time has seen this before. The Chinese (Tai Feng) were going to invest in PDY at 3.3cps initially and increase ownership to 30% in the future. The deal didn't go ahead. Management was mentioning several other investor groups had signed non-disclosure agreements also, yet nothing eventuated.
Fast forward to the present and its now Koreans plus several other groups. This is what Devious was saying in his post a few days ago, yet you shot him down.
The difference between the past and present scenarios is based on what each party was mostly looking to invest in. The original deal was about the iron ore project, this time it is more about the IP, which if I remember correctly you were calling it a waste of money about a year ago when some of the longer term holders were saying this was the point of difference which may see PDY survive and even prosper when other hopefuls may not.
Wave your pom poms all you like. 10 posts a day spruiking PDY is no different to the 10 negative posts you used to inflict on readers in earlier times. It won't influence the outcome, only positive news will. None of us know if PDY will be able to pull a deal together. If they do the sp will go above 5c easy imo. If the fail to get something concrete by the end of June, PDY will most certainly be under 1c.
PDY Price at posting:
1.7¢ Sentiment: None Disclosure: Held