Exactly. $1/share is ~50% above the all time high so would probably seal the deal. They would pick up Debiensko and Jan Karski for ~$130m or so. Would prefer to see us selling down a chunk of Debiensko while remaining operator and using the proceeds to more rapidly advance both projects. On top of whatever debt funding package gets offered for Jan Karski, you'd think PDZ will still need 20-30% equity to kick in.
PDZ Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held