Big potential at PD as well, just lower start and running costs and better infrastructure around. I think PD and surrounds will surprise a few people even with Lithium in a hole.
It would be great to have the funds to kick SS into gear, but SS has a big capex requirement for such a small company. Thanks to previous owners / shareholders, Woodlawn hasn’t really required much $$$.
BB could go out and get the $$$ for SS, as per your wish, but then you would have dilution. He has a large chunk and he isn’t going to dilute that. He said it today, the only way he gets paid is to build cashflow and pay divvies.
He is going for a low debt, low dilution model. We see so many resource companies go broke, Board of directors milking their shareholders. Develop will do neither. We will pay our way and build it up. Patience will be rewarded, imho.
Big potential at PD as well, just lower start and running costs...
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Last
$2.42 |
Change
0.090(3.86%) |
Mkt cap ! $656.8M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.44 | $2.36 | $1.371M | 571.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 9404 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DVP (ASX) Chart |