Weren't Pna looking at a dimished project size to the 1.8 billion region and it the whole 6 bill project? Take into account png portion to buyi In and it becomes very reasonable. I note 1.73 seems to be a line of supports. Closed at these levels twice. Coppers and gold has been duds of late impacting g most. Ozl hit yearly lows too. Only muti resource copper and gold companies I.e bhp which have minimised the carnage.
PNA Price at posting:
$1.77 Sentiment: None Disclosure: Held