in feb, newmont said they would decide in apr what they intend to do with the PDN shareholding; now that they have made declaration as a substantial shareholder it is tantamount to saying newmont is now PDN's rich uncle.
it enhances PDN's lineage very much like the ERA/RIO linkage but at the same time could set PDN into play if they unload this stake to cameco or areva or any other party. a very good development for PDN indeed!
initial substantial holder - newmont mining c, page-15
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