Just be patient Robroy.
PDZ/PDZO is suffering as a result of the recent market downtrends but the fundamentals of the company's potential are still the same. An updated resource estimate is due to be released by the end of August. This should see the market take notice and see the share price rise again. The institutional investors who recently bought 6 milion shares at 91c (not discounted at the time) did so for a reason, they know the potential for this stock.
The company are determined to make this a working mine. This highlights the fact they know they have significantly more than the 1 million tonnes of Zinc already reported. If Zed lode and Main lode meet look out!!
With the minimal number of shares and options on offer this stock has plenty of upside. Holders will be rewarded.
a bit of patience required here, page-3
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Last
75.0¢ |
Change
-0.030(3.85%) |
Mkt cap ! $209.6M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 78.0¢ | 74.5¢ | $232.6K | 304.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 132984 | 3 |
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| GRX (ASX) Chart |