RE: Sioxford31 Mar 2017 11:46
Although there's probably more attractive investment opportunities out there - might be an idea you averaging down and hold for a couple of years. Surely can't be that much downside now? Although I can't see that much upside in the near future either that would propel the share price. Unless a rabbit gets pulled out the hat. Always possible. Clearly the revenue from Cap O is going to be key to providing positive cash flow so they can move other projects forward. So, to that extent PoG probably becomes highly relevant to PGD for first time in 15 years. If PoG isn't that strong over next 12 months it'll mean yet more share dilution I fear.
Cash is King. Watch this space.