PDI 5.88% 27.0¢ predictive discovery limited

Ann: MORE BROAD WIDTHS AND HIGH-GRADES FROM BANKAN DRILLING, page-68

  1. 11,803 Posts.
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    there is no way we are going back to 10c or even 12c for that matter. People holding out hope for that were not realistic. The big boys are now involved and after several attempts at holding it down below 12c levels as we have seen the past year it’s only going up.
    A few new entrants to Pdi posting on this thread will be unaware of the previous SP movement early in 2020 but it was looking at moving beyond 12c even then but the powers to be kept it capped to accumulate and they are now reaping the rewards. This was always a long term plan as they saw the potential early, hence the CR price and upside from there. They will only be looking to boost the price from here, anyone looking to enter now will be looking at Best Buy prices above 15c IMO, and that’s a maybe the way sentiment is right now.
    considering it was 12c before the 100000m of drilling and all the latest amazing drill results and guaranteed mre above 2moz, huge cash balance and overall de-risking of our assets you can lock in that anything under 30c is still amazing value right now IMO.
 
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