A CR later in the year is certainly on the cards. Then again,...

A CR later in the year is certainly on the cards. Then again, it's not beyond the realms of possibilities that PDI (unfortunately) gets taken over before that occurs.

I'm no M&A expert but it seems that for potential predators, itching for top quality gold acquisitions, PDI & the warming economic horizon must be extremely enticing to African keen to acquire such a brilliant asset. Specifically:

- size and scale - blatantly clear that PDI will be tier 1 gold project.
- PDI should soon be rising off a low share price base (manipulated??) with all the ducks all lining up for a mining permit;
- anticipated receding interest rates during the coming months;
- exceptionally & consistently buoyant gold prices, along with catalysts in play (eg weakening USD) to send it higher;

These would presumably create the most desirable conditions for acquisition by regional producers that are hungry for an additional world class gold asset.