I think only blind freddy thinks that PDY wont need to raise cash (probably multiple times)
Its just a matter of from who, how and when.
They have enough to cover the current drilling with a kitty left over.
I wouldnt be surprised to see them make a decision shortly after the results are known.
as another poster pointed out we all need to hope for some good high grade results. Which is pretty much what any holder of an I/O explorer wants.
Once we know the results everyone can make a decision to stay or go based on that. This probably includes any major chinese investor.
I can wait, i dont even care how late the results are, or if we dont get an update evry second week, or who in the top 20 is dumping what.
The iron ore is either there or not, and only drilling will answer this. Its not that complicated.
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I think only blind freddy thinks that PDY wont need to raise...
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