PUDA- hopefully they'll pr what's up tomorrow or Monday.
I can think of no other reason for this filing than to secure the first two operational mines in the consolidation process- and if they're doing that with only $11M, and then using cash flows and bank loans to pay the balance, then this is excellent news for shareholders IMO.
“The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.”
Warren Buffett