PEL 0.00% 1.7¢ pelican resources limited

I think maybe so. Still, one director coughed-up around $170k @...

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    I think maybe so.

    Still, one director coughed-up around $170k @ 005; another ~$50k and a private investor $16ok.

    So it's a bit like WPI; a cheap shell where mgmt have good skin in the game but do you want to pay 100% above their entry? Also nowhere near the deal-making prowess of Cicero.
 
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