PDI 2.70% 18.0¢ predictive discovery limited

Yep. Its all guessing at this stage until we see the formal...

  1. 498 Posts.
    lightbulb Created with Sketch. 944
    Yep. Its all guessing at this stage until we see the formal report.
    But the MD did say our mineralisation is similar to Siguiri. The sweet spot of Siguiri had exceptional metallurgy, low AISC and cheap CAPEX. Because of that the production output of Siguiri during the first few years was 350koz pa.
    Our MD also stated we might have a cheap CAPEX. May be he was looking at Siguiri. The CAPEX of Siguiri was $22M in 2007, let's say its equal to $40M now? Still very cheap.
    He also expect a recovery of 90-95% and a low strip ratio. All of these combined will greatly enhance the economic feasibility of the project.
    Yes, at this stage its all theory. But I would not hold PDI if I dont trust the guy.
 
watchlist Created with Sketch. Add PDI (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
-0.005(2.70%)
Mkt cap ! $423.1M
Open High Low Value Volume
18.5¢ 18.5¢ 18.0¢ $194.2K 1.065M

Buyers (Bids)

No. Vol. Price($)
13 258095 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 223979 19
View Market Depth
Last trade - 12.25pm 30/07/2024 (20 minute delay) ?
PDI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.