PDZ 0.00% 26.0¢ prairie mining limited

seeing next door has a market cap of approx 1.2 billion audand...

  1. 1,858 Posts.

    seeing next door has a market cap of approx 1.2 billion aud

    and has flagged production ramp to 11.5 mill p/a with a mine already producing 8 mill p/a...(and only worth 1.2 billion! New Hope is worth much more in EV value and only produces 5.5 milion tones of pacific coal)

    Any idea that PDZ will hit a $1 billion market cap so early in the game are highly fanciful let alone a $10-$20 share price.

    Whilst depending on PIR's future, yes PDZ are in a promising position, but if PDZ is a real company, they will need plenty of $$$$ and a strategic investor will ensure your 104 million share issue will be savagely diluted.

    You only have a exploration target at this stage

    IMO
 
watchlist Created with Sketch. Add PDZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.