JFF7, why would they do another PP?
There's 40 mln of cash on the balance sheet.
If they need $$$ for a new mill, they can borrow it as this is now a cash generating business.
If you recall, the last PP was done at $4.00. And Dundee took that one, so I think they would have something to say about doing another one at anything less than that.
In fact, if they did have any plans on doing a PP, the current slide in share price, just kyboshed that.