"Prairie continues to hold 10,000,000 fully paid ordinary shares in Papillon Resources Limited (ASX:PIR)(“Papillion”). The Company notes Papillon’s recent capital raising and positive drilling results." __________
So yeah, they still have them. Should turn out to be a good investment for PDZ. Although PIR still looks distressed in share price, in my opinion, it could turn out to be one of the few ASX success stories going forward.
PIR Price at posting:
76.0¢ Sentiment: None Disclosure: Not Held