BDM 4.55% 10.5¢ burgundy diamond mines limited

concept study for pandora flng, page-7

  1. 7,638 Posts.
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    LongNow
    Not a bad way of looking at it :)
    IMO the key to a rerating will be the conversion of the resource to reserves. As I understand it in order to do this they need to "prove" the resource has a commercial pathway....enter our new friends and their scoping study and the following pre-FEED study.
    Once a commercial pathway is established I think market participants will begin to ascribe some real value to Pandora

    In the meantime it remains in bargain territory for those that have a higher risk appetite and a bit of faith :)
 
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