the announcement has already BEEN made! ... the market is simply too niave to assess it. PPD looks set to recover a highly profitable low cost resource (shallow open pit plat/pall mine) in 'grass valley', sth africa.
furthermore it has begun drilling in another northern bushveld location, 'aurora', an untapped prospect that is also highly promising, and holds a large prospect in the musgrave sth australia.
management has plenty of experience in sth africa having worked with robert friedland's 'african minerals' for many years and left his organisation due to the potential of PPD's assets.
PPD Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held