hello all,
i'm thinking this will go nuts.. as kj says " they have indicated 2 site are ready to go" so to have MC of 100m over 5 blocks is way under the odds..
am i thinking right, that OK the 2 that are ready potentially could 100m each or more to start off with.. then the 3 remaining are unknown. so work on 50m each. MC would be 350m. it is all maybes / probablies at this moment..
i remember when PVD was drilling off madagasca the SP was .42 upto .45. when the drill missed the SP tumbled. that was my welcome to PVD.
the BODs are probably just as frustrated as shareholders with the delays due to the ASX.. zero we can do about that but stay patient, but why release ann when they have nothing to say apart from " ASX delay..
valuations of blocks like these.. has anyone had similar situations before????? this could open anywhere from .10 - who knows..
counting down the next 10 days.... should be fun..
GLTA darryl all IMO
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