PDI 5.26% 27.0¢ predictive discovery limited

Ann: PFS Delivers Attractive Financials & 3.05MOZ Ore Reserve, page-37

  1. 1,220 Posts.
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    Add in permitting risk, at least another 2 big raises until FID, best case financing 50% of that final valuation at 10% interest + kickers (excluding interim dilution) for capex and contingency. Seems like a huge slog for a bag at best.

    There are worse plays out there but geez, there are a lot better. Would hope a TO is in the works after permitting, personally.
 
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