PIR 0.00% $1.49 papillon resources limited

pir raising up to $54.5m- afr street talk, page-10

  1. 1,890 Posts.
    A good wack of cash to play with now. This should last quite some time .

    Should get Fekola totally infilled and ready for FSs , plus expand the resource a little more .

    Imo , PIR should focus on getting the known resource fast tracked through BFS and get a mine build started. Expand the current resource a little , but leave some expansion up the sleave for after cash flow rolls in.

    PIR are in a good position here. They should strike while the iron is hot and get a mine built asap.

    This will likely force the hand of the majors to make a bid sooner rather than later..
 
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