no major news that we didn’t already know. I suspect we will get a full update on Newman in due course once they are ready.
only two details I noticed.
firstly Mallina and Pilgangoora aren’t forgotten and something will happen in the current season (hopefully heritage done and drilling).
secondly, the cash balance is fine but they mention no worries about getting access to capital from major shareholders ( I read Creasy ). I think he has 1.8m options convertible at 75c in December. Also George has 1m convertible at 45c end August and 300k at 30c in September- all possibly in the money with good assays from the recent drilling
PGD Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
