on the way back up 50% today, page-144

"It also revealed it only had 40 days to find the bank guarantee for the 20 per cent of the project funding — a condition of the funding agreement that that was not given to investors."

So PDY put out an ann with the following headline..
"OAKAJEE FUNDING SECURED"

But forgot to mention that in fact they actually needed to find 20% of this $6.5 bil or $1.3billion themselves for the funding to happen ?

All the penny dreadfulls that I know and some I own that are of similar market cap to PDY struggle to raise a couple of million dollars so how on earth was PDY ever going to raise $1.3billion ?

Simply astounding !