not sure i really care how good or not the deal is, after all this time it would be good just to have certainty of a deal and that fwl has money to spend, spend, spend. most of us agree this puppy is undervalued but it has been sitting on the shelf for a long time. gotta get it going fwl. pdy is only valued more because it is new. they might have twice as much ore but it is the same grade and it is 100km from a possible future railway that will be 400km itself. someone told me the oakajee railway will cost more than $2m a km. pdy has to spend $200m just on railway to join up plus pay the cost of shipping it over 500km and thats on top of all the same stuff fwl has to do like built a mine and a concentrator.
LCG Price at posting:
14.9¢ Sentiment: Hold Disclosure: Held
