I think you're confusing wilful extreme pessimism with realism. I'm a hopeful realist, in that I recognise all the dangers and risks (at least as many are publicly accessible) yet hope that PDN will find a way though. I sincerely don't think any of the stakeholders really want to see PDN go down in flames. I think the sale of LHM for US$600-700m is the most likely outcome at this stage leaving a much PDN a much diminished company but with a fighting chance to be a producer again if/when U price ticks back up.
I was particularly happy to hear of the impending news about reduced C1 costs and restart cost for Kayelekera
Ann: Reinstatement to official quotation, page-117
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Last
$10.14 |
Change
0.080(0.80%) |
Mkt cap ! $3.031B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.54 | $10.10 | $13.51M | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1928 | $10.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.16 | 990 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |