PDI 4.88% 19.5¢ predictive discovery limited

Current PDI Activity, page-999

  1. 452 Posts.
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    "Do not forget that this was all known and priced in 1.5 years ago."
    The disclosure of the buffer/conservation zone was made on 12 October 2021.
    "when we almost cracked 30c at similar gold prices."
    The share price went from 23c to 17c then regained to 26c in October 2021.The all time high for PDI's share price has been no greater than 28c being in January 2021.
    Further the market capitalisation in October 2021 was circa 250 million.Since October 2021 there has been signifigant placements and capital raises.The MRE has increased from 3.6 to 4.2 million ounces.The market capitalisation has increased to 350 million.
    Apart from the positive of an increase in the MRE since 2021, the biggest positive has been the grant of a renewal of the exploration licence overcoming any suggestion that the original exploration licence ws "flawed" as it did not have the Ministry for the Environment's imprimatur when it was granted.
    The other positive has been the involvement of Blackrock and its further support on market.
    The share price will not materially increase until the ESG studies are completed and provided to the government,the mre is better defined to indicated then reserve status.This process will be ongoing through out 2023 and according to the company's statements,not likely to be completed until q4 of 2023.
    So be patient and welcome progress to the goal of a new gold mine being developd in 2024.
 
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Last
19.5¢
Change
-0.010(4.88%)
Mkt cap ! $457.6M
Open High Low Value Volume
20.5¢ 20.5¢ 19.5¢ $874.8K 4.371M

Buyers (Bids)

No. Vol. Price($)
5 171745 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 23838 2
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
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