IMHO, I guess around 0.1c to 0.3c(long term view)... given potential litigation PDY needs to defend. $1.5m cash and spending $550K per quarter, by X-mas will be CR IMHO. But who can forget this problem.
Further, it is low quality rubbish ore in the middle of no where. Just IMHO.
With Gary, PDY will have a lot trouble raising fund to pay for his salary of $400K pa.
PDY directors spent 18 months working on this deal and how holder funding their salaries during this 18 months???
Just IMHO.
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