wouldn't be enough imho. I seriously think PNL need at least another US$20-30m buffer. PNL is plagued by bad decisions and poor communication. They would argue as a company that it's everyone else's fault, but they hired them and paid them. The Pre feasibility wrong. BFS wrong. Expanded BFS wrong. Infill drilling not adequate. screening and drying not adequate. Construction timeline wrong. no mine plan. some key management personnel not qualified to do the job. I could go on and on and on.
PNL Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
