PDI 0.00% 19.5¢ predictive discovery limited

Correct me if I'm wrong, but you seem to be totally oblivious...

  1. 582 Posts.
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    Correct me if I'm wrong, but you seem to be totally oblivious about of the type of company that PDI is & how it operates in during this phase of its operations. Do you realize that PDI generates zero income from its core operations & that there are no expectations for it to do so?

    Re your comment - "pa 19x mate. why spend so high ?cash need aspects?". I think that you are attempting to demand reasons for what you imply are PDI overspends in reference to the Q4 2022. Given PDI's operational plan, that the teams is expeditiously implementing (a massive drilling program (12.4 km for Q4), geophysics surveys, additional HR for regional exploration/ESIA objectives etc) - I thought the cash burn rate reflected an extremely well managed company cracking ahead to reach development benchmarks ASAP.

    Can you be more specific about your question re overspend - as I am really curious about what specific areas you think that PDI has overspent on.

    Thanks.

    G
 
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