Ann: Successful Completion of A$200 Million Placement, page-7

My instinct tells me that a capital raising will follow soon.

Funding for LHM restart and other cap ex activities is going to be needed.

This presentation contained little new information but establishes the investment thesis for a broader shareholder register equity raising, outside of existing users.

FWIW, I have lightened my holding in anticipation of full participation in a raising, should it come, or to quite simply lock in part of a 10 bag profit.

Personally, I see no downside in either outcome (other than a bit of CGT), but would prefer a CR to enable all holders to reload and recapitalise the company cash position.

GLTASH

I am a computer luddite - don't know how to clip an old post into a new thread.

THIS WAS POSTED IN FEB, 2022 - After last Investor Presentation Was Released

"My instinct tells me that a capital raising will follow soon. Funding for LHM restart and other cap ex activities is going to be needed.

This presentation contained little new information but establishes the investment thesis for a broader shareholder register equity raising, outside of existing users.

FWIW, I have lightened my holding in anticipation of full participation in a raising, should it come, or to quite simply lock in part of a 10 bag profit.

Personally, I see no downside in either outcome (other than a bit of CGT), but would prefer a CR to enable all holders to reload and recapitalise the company cash position.

GLTASH"

The current equity raising price is higher than the price at the time of the post meaning PDN is playing its cards beautifully, to get maximum bangs for its buck via equity.

Although many here will get significantly diluted by such a trivial SPP allotment of $15m, the future looks very bright from here for the company and the industry.