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Well my finance is none too sophisticated either, but $1.50 actually seems like a pretty good outcome - yes, the price this morning has softened a little, but we're still light years ahead of where we were then the price was 50-60c ps. Once we flush the 'undecideds' out of the registry this week, and business as usual resumes, should be a pretty tightly held stock one thinks - unless POG goes off a cliff.

Not 100% sure what their cash balance will be after this, $A100M or so?.. but you would have to think the chances of another dilutionary raising would be slim, hopefully the banks will come to the party. It gives PRU a hell of a war chest for listing on the TSX.

I think kennas reminded us by comparing the MC's of Centamin, Redback, etc to that of PRU's, still definitely multi-bagger potential, PRU might even have a similar Resource base to Redback but a couple of years behind in development. Hard to argue against this kind of logic.

<blockquote data-quote="jman2007" data-source="post: 503668" data-attributes="member: 8829">Well my finance is none too sophisticated either, but $1.50 actually seems like a pretty good outcome - yes, the price this morning has softened a little, but we&#039;re still light years ahead of where we were then the price was 50-60c ps. Once we flush the &#039;undecideds&#039; out of the registry this week, and business as usual resumes, should be a pretty tightly held stock one thinks - unless POG goes off a cliff.Not 100% sure what their cash balance will be after this, $A100M or so?.. but you would have to think the chances of another dilutionary raising would be slim, hopefully the banks will come to the party. It gives PRU a hell of a war chest for listing on the TSX.I think kennas reminded us by comparing the MC&#039;s of Centamin, Redback, etc to that of PRU&#039;s, still definitely multi-bagger potential, PRU might even have a similar Resource base to Redback but a couple of years behind in development. Hard to argue against this kind of logic.</blockquote>

[QUOTE="jman2007, post: 503668, member: 8829"] Well my finance is none too sophisticated either, but $1.50 actually seems like a pretty good outcome - yes, the price this morning has softened a little, but we're still light years ahead of where we were then the price was 50-60c ps. Once we flush the 'undecideds' out of the registry this week, and business as usual resumes, should be a pretty tightly held stock one thinks - unless POG goes off a cliff. Not 100% sure what their cash balance will be after this, $A100M or so?.. but you would have to think the chances of another dilutionary raising would be slim, hopefully the banks will come to the party. It gives PRU a hell of a war chest for listing on the TSX. I think kennas reminded us by comparing the MC's of Centamin, Redback, etc to that of PRU's, still definitely multi-bagger potential, PRU might even have a similar Resource base to Redback but a couple of years behind in development. Hard to argue against this kind of logic. [/QUOTE]

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