PDI 2.44% 20.0¢ predictive discovery limited

Little Big Things, page-81

  1. 475 Posts.
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    Hinchinbrook......there's been comments about the mine license/buffer zone situation and why there's been no offer to buy Bankan by a tier 1 mining company on this forum.....I'd like your opinion......firstly, why would a tier 1 make an offer on Bankan now when, at this stage, no one knows it's value because no one knows what it's worth re how many oz in the ground?......secondly, could the whole buffer zone ML thing actually play in our favour as share holders.....wouldn't a tier 1 want to wait till the buffer zone ML situation is clarified and derisked.....wouldn't waiting longer mean Bankan oz increase and they will get a better idea of value.....wouldn't waiting mean PDI has more time to find more deposits which could create a bidding war between tier 1 companies not only on Bankan but possibly new deposits or even PDIs permits? It's a bit left field but what's your thoughts?
 
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