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6.12%

26.0¢ predictive discovery limited

why isnt drill result?

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jaypol

4,117 Posts.

221

23/03/24

15:22

Post #: 73026380
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Originally posted by coto: ↑

Journo's are never right. We learnt that very well during Covid, Ukraine and Gaza conflicts. They rarely state anything factual so I will never rely on any journalist for any of my investment decisions. Yes, management teams can also get timing wrong and see their timelines slip up as we recently saw with the PFS delay until mid-April. However, a few weeks delay is a lot different to 6 months.

As I have said many times before, I highly doubt any company, even those with endless funds available for M&A will be seriously looking at PDI until the buffer zone and exploitation permit specifics are ironed out. Too much risk for any well established company. No investor of any large cap gold producer would agree to an acquisition with that issue hanging over their head. The market understands this too, hence why we are a 20c stock with a soon to be 6moz plus gold resource. If this was in Australia with no environmental hurdles like a DEG then we would be an 80c-$1.20 stock right now IMO.

This is why I believe the buffer zone issue has been a blessing in disguise as it has prevented any vultures coming in for a low ball takeover before we can see our true value discovered.

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why isnt drill result?

PDI Price at posting: 22.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 26.0¢		Change 0.015(6.12%)		Mkt cap ! $611.2M

Open	High	Low	Value	Volume
24.5¢	26.0¢	24.5¢	$541.4K	2.149M

Buyers (Bids)

No.	Vol.	Price($)
2	98319	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
26.0¢	77748	6

View Market Depth

No.	Vol.	Price($)
2	98319	0.250
8	499191	0.245
8	291098	0.240
2	361000	0.235
8	579849	0.230

Price($)	Vol.	No.
0.260	77748	6
0.265	45000	1
0.270	45000	1
0.275	55000	2
0.285	53390	4

Last trade - 16.10pm 13/11/2024 (20 minute delay)

PDI (ASX) Chart