Mali gov't would likely help secure funding for this ?, or if need be could give certain guarantees to creditors ? The country needs more projects like this. Not that PIR will need help getting funding imo.
Again, I can't see how larger co's like Randgold can afford not to acquire Fekola. It would guarantee a future production profile in Mali well beyond 2020.
PIR with a sub $500mill market cap makes it a T/O target. Its going to be a cash cow , even at $1100/oz. With a POG above $1400/oz , it becomes a cash factory and PIR will likely enjoy are market cap well over $1billion if they go into production with that kind of POG.
Hussy - My largest holding by value currently is BDR, but I have a feeling PIR will take top place very shortly.
PIR Price at posting:
$1.01 Sentiment: Buy Disclosure: Held
