PDI 1.79% 28.5¢ predictive discovery limited

Ann: Corporate Presentation, page-29

  1. 11,841 Posts.
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    Firstly, talk of any Capital Raising is nonsense and clearly you people stating this don't read any announcements. We have $9M dollars in the bank as of 3 days ago and this is after all the drilling of the past 6 months. Obviously drilling and explorations plans will continue but even at the rate of previous spending we still have at MINIMUM another 6 months of cash available.

    We won't have another capital raising in 2021 IMO unless some huge spending activity pops up at some stage in 2021. However the JORC and DFS will ride out 2021 so this is doubtful. Any mining related infrastructure or big spending tickets will not come into play until 2022 IMO. The next capital raising will take place then.

    Any capital raising talk has an agenda behind it because right now its absolutely absurd. By the time the next CR occurs we will be over 20c IMO
 
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