positive signs of things to come , page-19

Exactly what I have attempted to clarify here for quite a while.

Yes PDN is now a great company with a vast portfolio of projects. However the increasing costs of conventional mining are clearly now showing.

This is definately an ace Pen holds with Lance and why they concentrated on this great project site.

Of course PEN will be exposed to higher costs at Karoo, however they will utilise the same economies of scale that PDN are utilising. The benefit of Lance however will be a significant advantage.

All becoming evident as Yuro myself purd nklex motty and a few others her grasped and ran with. Contrarian thinking was required but now has the potential to pay off handsomely.