PPD pan palladium ltd

+11% 20c going, page-7

  1. 3,780 Posts.
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    re: 13.89% if i'm not mistaken, the inground value is north of 5 billion with nickel, plat and copper so hardly small.

    the mystery remains who CSFB was buying on behalf of last year. they went to 13% at prices higher than current. The 13% keeps them just under the takeover level.

    my hunch is buying on behalf of a south african mining house who is lurking and interested in the project. better than 50/50 ppd is a t/o target IMO
 
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Currently unlisted public company.

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