I agree with your first sentence but not the rest. The first...

I agree with your first sentence but not the rest. The first restructure was designed to allow PDN to run, still at a loss, until late 2019, processing the already mined, stockpiled, low grade ore. This was to be achieved by agreement of bond holders to accept an issue of shares as compensation for delayed repayment. A $75M capital raise from the market was to be used for covering running costs during this period. PDN was playing for time, maybe for asset sales and increase in spot price. Who knows what will have happened in another two years if the restructure had gone through? I am a log time holder and I was never going to recoup my losses by any cunning little plan. I am not a bottom feeder. For me PDN was a pure gamble on a post Fukushima recovery which has been delayed, contrary to expert opinion and seemingly too late for PDN. The G20 was over a week ago and calling me kid is flattering as I am very old.