SPP underwritten by the Chinese would be the best possible outcome for shareholders.
Also, so long as the sp is trading above 2 cents, they will shortly be receiving funds from the listed options, and will continue to do so for the next 4½ months (+$9m).
By the end of the second quarter I would expect to see around $10m in the bank which could potentially fund an additional 350 holes.
They are going to have a very, very, very, very busy year....lol
PDY Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held