GREY:PGDIF - Post by User
Comment by
mill44on Jul 13, 2016 2:53pm
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Post# 25049568
RE:No reason to be worried about whether funding is coming
RE:No reason to be worried about whether funding is comingMy post says the source of funding and not if we get funding. For a shareholder the share price is the most important, toghether with the direction of it.
PGD has 3 options:
1-funds from outside (I include Robert in this option),
2-shareholders
3-no funds for now
The first would be good for everyone, shareholders gain, the project advances, a big happy family. We all talk about the PEA numbers being the base case, there is no reason to assume that the Friedlands would do a deal under those numbers. That can be a problem.
The second would advance the project but drop the share price. Flippers will be happy. The rest, who knows.
The third is not neccessarily the worst case. The project is viable, there has to be parties interested, PGD and them might just need time to agree on the price.
Now you decide which has better odds.