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PEM Overview
2007 Production Figures
Zinc 92,100 tonnes
Lead 60,500 tonnes
Silver 1.7million oz
Gold 24,800 oz

Net profit = $85.2m
Earnings per share = 43.3 = PE 8.5

Shares tightly held, Approx 195 million shares on issue and 75% held by top 20.
Current capitalisation is $720m of which 173m is in cash.

Add to this potentially $2billion+ copper at Mt Oxide, Queensland.

Price of lead and zinc especially, is coming off and will hinder the share price however potential of Mt Oxide should significantly add to value.

Could this be a takeover target?

Von.