PKO 0.00% 0.4¢ peako limited

Unfortunately timing and very low funds is really dragging PKO...

  1. 1,190 Posts.
    Unfortunately timing and very low funds is really dragging PKO down.

    Albers injection of funds, causing dilution to existing sh.

    Pko have recently lost Bonito.

    Next to possibly come is a sell off part of SBA Indo and possible agreement with another party to fund exploration.

    Then possible CR

    Then possible cancelation of Burma

    All of which would be unnecessary if Cadloe was funded.

    There maybe a positive ending with Cadloe being eventually funded but not before more substantial and non-reversible damage is made.

    You buy today at 0.009 and in 5 weeks it could easily be 0.005
    The two directors are doing everything right IMO. I dont think Albers might had expected such a delay in Cadloe. Imagine what they could do with a fist full of cash.
 
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