Interesting Co. Spoke to Peter and Anne in Brisbane and they sound like they have a solid plan for the next few years. I follow PDI and appreciate auger targets and what they can turn into.
They will need some real $$ to execute and I would suggest the market knows this. It would be challenging mentally to raise right now at ATLs but I think you have to rip the bandaid off sooner or later otherwise any good news will be sold into. As long as the major SH's participate they can limit their dilution ... maybe a rights issue is fairer.
Anyway at 20M MC and with the current resource and targets to test this has to be decent value here.
Interesting Co. Spoke to Peter and Anne in Brisbane and they...
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