It would be an interesting independent expert report to read. I just can't understand why the market isn't ascribing more value to this than the $62m MC when you look at peers?
I bought a small parcel of PDI recently - inferred resource not due till next year, maybe 1m oz+, West Africa - MC $63m.
I don't get it. It gets all your paranoid thoughts going - what have I missed?
Back to imminent assays - the ann. back in May re "significant mineralisation" only referred to drill hole KBDH-002 as having significant mineralisation. Does this mean KBDH-001 is likely to be a dud? (I realise not every drill hole is a winner).
Any views on what will happen to the SP if hole 002 shows great extended intercepts, but hole 001 not so much?
Ann: Resignation and Appointment of Chairman, page-54
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