Re reduced costs have a look at the company announcement 25/09/20 re IX breakthrough. It indicates a saving of $1.22lbUS in opex but also higher throughput capacity. I think cost savings in the Enhanced Feasibility due this quarter will come out better than that.
I think BOE is the best risk reward U play on the asx, and will certainly be the lowest cost Australian producer.
Ps: not knocking PDN personally but when Rick Rule personally ranked my resource stocks, I had some PDN at the time, and his comments were “massive balance sheet problems”, I know it’s had a good run but I have since sold down and moved funds over to BOE.
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