Hi Schmoove, I suspect on pricing Cabot have requested it be commercial in confidence.
It will be interesting whether PIO do the required technical studies re costings, economic viability etc, or just start digging the stuff up and putting the money in the bank instead of paying a whole heap of consultants to do a study. Usually need to do all that to get finance, but doesn't seem to be the case with Cabot agreeing to loan them funds.
As you say it will be fascinating to see how it all progresses. Tight timeline.
PIO Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
