i actually think the small sell down today maybe a result of this raising sentiment,
but,,,the results due soon, they want to be careful.
And,,if the results further support the radiometrics, as well as the intial results we already have, it just goes to further step out the resource boundary,,,
So, lets poe its a rights issue, and an accelerated one, they said about 10m would be the figure to raise, if so/when/ so thats a 1 for 4.,,
And lets hope they go with the suggestion i've presented tot hem for the free option attached.
Other, poe, a spp, would think, with the results inhand, a 28 mill cap uranium play, will be heavily over subscribed, and u then need multi hin with diff benefitial owner, eg super accounts, etc.
With pdn on board, and lets face it, we are talking about a manner to get cheap pdn shares, re- we will be taken over, its only a matter of when, if, the resutls contine to show good.
cheers
NGM Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held