Best outcome is we get the tenement back, but then a major dilution will be coming, so I would imagine a larger player perhaps with a mining contractor attached will come in to recapitalise. Half of something is always better than all of nothing, but thinking from now on I'll steer clear of PNG plays.
Gold50000 I know like me you have been trying to buy out some cheap stock on this one, just keep in mind they consolidated the stock back to around $2.06 a share.
IDC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held