PRX 0.00% 0.3¢ prodigy gold nl

ann secures 19.6 mill strategic investment, page-12

  1. 926 Posts.
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    Dilution worries me a bit as does the low entry cost - 2.4c???

    On the other hand looks like there is an experienced crew available to help and advise on processing (which current crew are a little 'green' on imo).

    Also plenty of money to turn the whole area into a pin cushion. This will provide the resource model that traditional investment houses want (ie proof that gold exists in economic quantities at depth) which will probably mean significant interest once the drill results come out.

    Maybe there will be a consolidation slipped into the holders meeting as well as issue approval?

    Hope the meeting is on the E coast :-)

 
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