Jun. 13 at 1:35 AM
$PZG The Feasibility Study figures show that the massive discrepancy between PZG’s current
$102M market cap and the project's
$374.7M to
$608.6M underlying value acts as a fundamental safety net once permitted.
The primary threat to capturing that
$3.00 to
$5.00+ upside is dilution timing. If management utilizes non-dilutive debt, brings in a joint-venture partner, or sells the de-risked asset outright upon final state sign-off, shareholders are highly insulated. If they announce a massive, immediate dilutive equity raise to fund the entire mine build alone, the near-term share price will likely grind sideways or pull back slightly despite the positive permitting news.
