Yes, it's always a race at PGY to get meaningful news before the next capital raise. Unfortunately, I’ve taken up every one offered—each time reassured by the narrative that a deal is just around the corner.
I was naive to take the last raise at a 50% premium to the closing price, thinking the deal would be signed within a week or two, which is how I rationalised the premium.
At this burn rate—nearly a million a month—another capital raise must be close.
Im hoping this eventually goes 1.2c which is my break even on multu millions of these things. I'll be selling it all and not looking back.
PGY Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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