Another close to million buy @ 2:18:21 pm with 968,531 gulped.......the Euro funds are moving in.
My guess would be Sprott will come out with a share price target of 0.37 to 0.425.
Additional resources potential
Deep drilling 1 to 3Moz to 1,000m vertical
New aircore target 1 to 2Moz
one more regional find ~ 500k
Gives PDI a pretty reasonable path to 6-9Moz with current Market cap under pinned by existing MRE.
Cashed up with ~$24M so is well set to weather a weak gold price over the next couple of months if gold gets the customary end of year blues.
Ann: 3.65 MILLION OUNCE BANKAN MAIDEN MINERAL RESOURCE ESTIMATE, page-73
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $622.9M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.0¢ | $1.708M | 6.426M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32268 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| PDI (ASX) Chart |