GREY:PGDIF - Post by User
Post by
mill44on May 23, 2018 4:04pm
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Post# 28071563
The numbers
The numbersare decent, the project is ok. About us, shareholders, hard to predict what is goig to happen to us. Spent 15M on the first PEA, got decent returns (if you sold). Spent another 11M on the next one and we are where we were before. Drill results are back, PEA is out, there is nothing to look forward for support the SP. Nothing except speculation about a partner. There is no reason for the management to hold out, they either announce a deal or a rights offering. One way we are laughing to the bank, the other way we are screwed. The good news is that Tiffany's reported excellent results, DeBeers sees improving markets, so a deal is not impossible. That is if the Friedlands have any intention of selling.