Ann: Quarterly Activities Report-PZC.AX, page-9

pretty standard mate, its why the company is trading like a dog because the market is pricing it so

this is where the gains are to be had if you can stomach the risk because if and its an if they turn things around sell the asset for a hypothetical $15m-$20m cash and go ahead with the new acquisition this will absolutely fly

if everything was rosey this would already be 3c

and you need to look at those Coking coal assets they are looking to acquire, they locked the deal in when Coking coal was a hell of alot less than it is now

anyway enough from me lets see what happens