How is suggesting that a leading Chinese merkin weaver will provide in excess of $6 billion of non-dilutory funding be negative ? Last time someone suggested such a deal the share price went from 1/2 cent to 3.5 cents and some folk made a massive profit. Now that sounds all good to me.
Stand aside Gina's CFO you are no longer 'CFO of the Year' - the merking weavers are working hard, and merkin money is coming in 2015.
But yes - having PDY included in 'who will be the next FMG'... you might as well have it in the 'who will be the first to discover a cure for cancer' blog. But then again, maybe the merkin money would be better spent on that ?
Tangles59 - cheer up, you'll be seriously rich come monday and PDY announcement the funding package.
PDY Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held