PDI 3.75% 20.8¢ predictive discovery limited

Current PDI Activity, page-955

  1. 570 Posts.
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    Not sure why we are back on this discussion again - news vaccume, boredom ..... anyway.

    Presumably, when PDI was granted & forged ahead with fully utilizing their exploration permit on NE Bkn (OUTER BUFFER ZONE), they would have done so on some level of government (albeit the previous govt) agreement, implied or otherwise, that granting of a mining permit would be feasible in the near future. If this were not the case, I do not see any rationale for PDI to have gone ahead with exploration.

    Moving on to the current situation, with the monstrous quantity & quality of the gold found, it is even more attractive/feasible for both parties to successfully proceed to & negotiate a mining permit. Failure to achieve this, on reasonable terms, would raise sovereign risk on a massive scale for foreign investment from other exploration companies.

    I've no doubt that in 18 months time, all those cute chimps will be relocated to a much better jungle oasis to carry on their lives. As I said, we've done this discussion ad nauseam so that't it from me on this topic.
 
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