I would agree Michael. These days there are enough long term solid performing African Gold mines now in operation that produce good ounces of gold month after month without interruption. Certainly enough to provide a high level of confidence and comfort for this type of mining activity and its long term viability. There are also enough large Gold Companies around the globe that are chasing new low cost ounces and will be aware of this opportunity and watching it closely. These types of deposits don't sit around for too long. Even more so given the upside potential that PDI seems to have with satellite deposits. The possibly of a new additional major discovery is also in play here so lots to like longer term.
Ann: PFS Delivers Attractive Financials & 3.05MOZ Ore Reserve, page-44
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $433.4M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.8¢ | 18.0¢ | $229.4K | 1.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 572888 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 120850 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
18.3¢ |
Change
-0.005 ( 2.98 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.8¢ | 18.3¢ | 529671 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PDI (ASX) Chart |