Well that’s the closing date for the SPP done. It will be very interesting to see how much interest the company received. If they can raise the $3mio they are targeting then this becomes a stock to watch. The resource is good it has always been the lack of money and struggles to raise that has put investors off. With $3mio cash and a rising precious metals price then I suspect POD comes back on peoples radars. Of course if they have to extend the offer period or raise much less than hoped then we are back to square one just 3c lower than when the SPP was announced. Then it will be questions above the viability of the project. Let’s hope for good news next week.
POD Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
