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07/04/19
11:11
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Originally posted by Felix1965
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Maybe not RAF. QH is not exactly the darling of Novo shareholders with the price going from $8 to $2. Novo is solely focused on Pilbara gold. Tipping he wants to have some wins and if he believes PIO ground will assist then I’d expect it will be pursued and reported. Even if PIO ground is not touched for a few months we should still see some positivity in our share price if reports on the ground around us are looking good.
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If NOVO lose is key backers then they are in trouble till then SP is the SP.
Remember PIO lost its only Institutional investor so.
With only a 30% retained interest NOVO's activity at Egina is unlikely to be a game changer for PIO.