What're you talking about P&D?
The just acquired a pretty nice project in my opinion, has good potential?
-People are mentioning it? so what?
They have also $1.5M Cash in the last QTRLY.
That makes these guys ~$3-4M in EV at current prices.
-For a company that has good rock-chip sampling, rail and power on the lease and in the same regional setting as Olympic Dam and Carrapeteena...
The person who sold it down, could of been one of those in the raise that was done maybe? They took 100% and could be free-carried, can't be upset for people wanting to do that, ride it out with no risk... What's wrong with that?
-My opinion only, speculation only, NOT financial advice, My interpretation of it all and i could be incorrect so im happy to be corrected where incorrect-
Ann: Option to Acquire High Grade IOCG Project South Australia, page-5
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Mkt cap ! $5.710M | |||
| Open | High | Low | Value | Volume |
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| 14 | 2493611 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 709927 | 1 |
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