Money may be getting tighter .....so PIL are gunna have to work that much harder
to attract it .
Unfortunately their progression over the last 5 years or so has been at a snails pace
and it seems that they've not achieved much
I recall when they did the Investor Presentation for the cap raise a few years back .... they loaded the revenue chart with approx. $600k ( proceeds form the sale of an old mining tenement some where ) of totally non related proceeds from Bizmotto / or any e business ..it made the revenue trend look good . Unfortunately it was misleading and total bullshit .
For the diehard followers their may well be huge value in what PIL have done .... and I'm still hoping their AI move might work ..... however as you point out ...there 's probably a hell of a lot of ground work to do ....and will it ever get done ???
For new investors , with any knowledge of the Philippines landscape ...it might be another story .
Time will tell I guess
PIL Price at posting:
0.8¢ Sentiment: None Disclosure: Held
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