I think you're confusing wilful extreme pessimism with realism. I'm a hopeful realist, in that I recognise all the dangers and risks (at least as many are publicly accessible) yet hope that PDN will find a way though. I sincerely don't think any of the stakeholders really want to see PDN go down in flames. I think the sale of LHM for US$600-700m is the most likely outcome at this stage leaving a much PDN a much diminished company but with a fighting chance to be a producer again if/when U price ticks back up.
I was particularly happy to hear of the impending news about reduced C1 costs and restart cost for Kayelekera
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$12.49 |
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Open | High | Low | Value | Volume |
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1 | 1110 | 12.460 |
2 | 451 | 12.450 |
2 | 13633 | 12.440 |
2 | 160 | 12.420 |
Price($) | Vol. | No. |
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12.500 | 1000 | 1 |
12.620 | 370 | 2 |
12.630 | 5361 | 2 |
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