PDN like diversification and big resources.
Domestically, MTN is a very obvious target. It is in SA, with 80mlb, currently traded at 1/6 of the valuation of SMM.
PDN can afford paying $15/share, and Get MTN at $12/lb resources.
CUY is hot now, but its value should be judged by the outcome of the trial, and how much resource it can find. Very risk at this stage. PDN would touch it yet.
AGS only has 25% of the B4M. There is no reason to take over it without gain any control.
Another countries PDN would love to get in is Canada and USA. There is no company listed on ASX has significant resources in that region. WHE might come close, but still shy of 10,000t.
PDN will keep DYL in an arm's length, nobody else can have it, but itself does not need it right now. It could be a very long term relationship, not one night stand.
another takeover, page-34
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Last
$13.55 |
Change
0.090(0.67%) |
Mkt cap ! $4.044B | |||
| Open | High | Low | Value | Volume |
| $13.49 | $13.60 | $13.38 | $17.29M | 1.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23694 | $13.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.55 | 3345 | 4 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |