its not just that Jaypol was wrong on a project level, there are lots of people on here who can't read cross sections or analyze results, basic exploration FA.
Its his claim he was a TA investor, who had evidence that the price was heading to 3.2c.
At 3.2c PDI would have had a MC of $41M and nearly $30M, giving it an EV of ~11m.....
There is no company that can raise $29 million from institutional investors with the backing of Sprott etc. that have such low EV's.
He was wrong for many reasons, but he supposed strength, TA, was his biggest mistake.
When that poster Punter45 was on here, he at least had the decency to admit he was wrong, apologise to Paul in an open letter and stop posting.
Ann: 3.65 MILLION OUNCE BANKAN MAIDEN MINERAL RESOURCE ESTIMATE, page-81
-
- There are more pages in this discussion • 385 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
0.010(5.71%) |
Mkt cap ! $434.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 19.5¢ | 17.5¢ | $463.3K | 2.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 197596 | 4 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| PDI (ASX) Chart |