PRX 20.0% 0.3¢ prodigy gold nl

Great Post Jemma.Throwing a few more thoughts around this for...

  1. 672 Posts.
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    Great Post Jemma.

    Throwing a few more thoughts around this for you:

    - If the market knew how good old Pirate was, it wouldn't be $150m mkt cap. It would be closer to $500m.
    - Market thinks Darren is a good Geologist and can find gold (jury out on ability to oversee production)
    - market has no interest in taking on "new risk" in current environment - investors have bush fires everywhere, so hard to attract new capital.
    - Market clearly likes ABM, but not in love with it yet (see NST).

    and further to your post

    - It looks like THEY POTENTIALLY DID FIND A STRATEGIC BUYER, did you not see the crossing last week?
    - all the other points are well valid and suggest continued share price improvement as those boxes get ticked off.

    Nice work..
 
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