Yes $100m would be a sneeze for PDN. So if they sold at $100m...

Yes $100m would be a sneeze for PDN. So if they sold at $100m that would mean a 6 fold increase in the current share price... approx $0.60 per share.

It would be nice but I can't see it happening...Just to far away from the current price. I can imagine a 25-30c takeover price though.

I think PDN will buy now because of these 2 game changers:-

1. They recently discovered several high grade multi layered Uranium finds across wide areas within 70m from surface.

2. The price is rock bottom cheap... If the market were flying high We may have seen a 60c takeover.

But... I have been wrong before... So lets hope I am pleasantly surprised to the upside.