high grade rc results- peak hill iron ore jv p, page-23

Seals,

Maybe the fact that AGU have 200mill shares and PDY has 1.5bill has something to do with that.

Also the fact that PDY has jumped maybe 10 times over the last 3 months whereas AGU has been much more subdued at around 3 times.

Also AGU has a much healthier cash position, at least at first glance.

Personally I am not a fan of either stock due to their history. In the announcement today they said they were planning further chip samples and drilling but as per usual no indication of when.