In addition to the macro factors you have mentioned PDN have a few things they are working on currently: Microfiltration unit due for commissioning soon - will reduce cash cost at LH and further deleveraging of balance sheet.
I think there is something afoot regarding the syndicated loan for LH. The amount set aside for it grew considerably over the last 2 financial QR's. I'm not sure what that means but wonder if they are planning on paying it back early. I am waiting to see what shows up in the next QR.
Spot price jumps overnight, page-23
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$10.16 |
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-0.040(0.39%) |
Mkt cap ! $3.038B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.24 | $9.96 | $17.95M | 1.771M |
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| No. | Vol. | Price($) |
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| $10.19 | 1000 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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