I believe that PDN must feel the valuation to come is either high enough to invalidate the sale option, or high enough to be tempting to carry out a sale and improve the balance sheet.
I just bloody hope and pray that they can keep a stake in the mine. I think everyone would be pretty happy if they stuck to the original deal and allowed the Chinese to take another quarter.
They really should have sold the other mine rather than this one..or at least tried to reduce production costs so it is within a viable range..surely mining technology has improved over the years..
I believe that PDN must feel the valuation to come is either...
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Last
$9.27 |
Change
0.140(1.53%) |
Mkt cap ! $2.715B | |||
| Open | High | Low | Value | Volume |
| $8.97 | $9.27 | $8.93 | $8.686M | 952.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5707 | $9.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.27 | 2316 | 11 |
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| Last trade - 12.15pm 18/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |