Hi Guys,
Ian Middlemas, Chairman of PDZ is a very reptant and highly experienced person.
He is also Chairman of Berkeley energy where he organized a really big capital round much higher than their share price.
I think PDZ is to good to be overviewn by the big players. At current coal prices the current earnings per year are higher then the cappex for their projects.
The share is gaining momentum and we are at a very special deciding point now.
Current map is silly enough for a t/o target.
So lets hope they sell only one of their tier 1 projects and bring the other one to production.
This would bagger the current share price and pay dividend for a long long time...;-)
PDZ Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
