PDI 0.00% 20.5¢ predictive discovery limited

Ann: 55M AT 2.94G/T GOLD-BROAD TRUE WIDTHS CONFIRMED AT BANKAN, page-67

  1. 1,610 Posts.
    lightbulb Created with Sketch. 409
    Actually, I was wrong in my analysis of the two duster holes in this announcement - the video drew my attention to the fact that they, unlike the east-directed three (azimuth 90) that found ore, were oriented to the west (008) or north-west (007). That makes KKODD008 a little disappointing, and in combination with KKODD010, which is along the same east-west line, seems to confirm that there is a discontinuity in the ore along this line. North of this I'm not sure that we can say PDI has found a significant ore body yet, but it is under-explored.

    KKODD007 remains kind of irrelevant.

    So the drilling has now closed off the main ore body to the north and east. My main interest remains south and west, and the presence of higher-grade ore in the bedrock is very encouraging.

    A lot more drilling will be required before we have any sort of handle on the size and boundaries of this ore body (unless we stop finding ore at all, which seems unlikely).
    Last edited by Ooogerbooger: 12/09/20
 
watchlist Created with Sketch. Add PDI (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.000(0.00%)
Mkt cap ! $481.1M
Open High Low Value Volume
20.5¢ 20.5¢ 20.0¢ $129.4K 636.2K

Buyers (Bids)

No. Vol. Price($)
3 248038 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 25427 2
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
PDI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.