There IS a plan.. in fact there's always a plan. :rolleyes: And...

There IS a plan.. in fact there's always a plan.

And lets make things clear.. if Pdn were in the shiiite as much as some would have you believe.. it WOULD NOT be allowed to continue trading..

Also, if some, like snifferking here - had the 'facts - answers'... then Pdn also wouldn't continue trading.

I mean.. for all that were/are Slater & Gordons problems.. it's STILL trading over 50% off it's lows.. and i know many who were scared and suckered into selling.

Here's MY plan.. ( just mine.. i know nothing )

Pdn will sell some 'mine and project' equity, but just not before 31/12. They will also organise an up-front payment on future production with a few off-take partners. With this pile of cash, they could concurrently organise a series of bond raising.. a small shorter dater series ( incentives ones for being 'helped' ) and a larger, longer dated one.. while "concurrently" buying back their April 2017 ones at around half price - saving themselves there alone around 100m.

Now there's a plan.. and surely a stack of feathers in the new Ceo's hat.

Just my opinion of course.. i'm not some international bond trader..