I hear you red-frog. That kind of partly paid share deal should be banned, IMO. Goes on far to often I'm afraid.
I don't think we need another JORC update to re-rate, just some good drill results to indicate the DSO is worth digging up.
"This drilling program aims to further increase and upgrade the already defined JORC compliant
inferred resource of 850Mt @ 27.3% Fe with the first priority within the program to be aimed at a
DSO exploration target of 10-55Mt at 55-58% Fe'."
PDY's lining up a world class team and a TO/ merger may be on the cards. This is an exciting company to be in ATM, IMO.
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