takeover play for pan aust pna i reckon, page-4

Top pick,
Are you just shooting the breeze or have some evidence for your statement?

While I agree that PNA is an option, does it fit their strategy?

1. They understand Laos and their government ==> minimal soveriogn risk.
2. Copper, Gold and Silver are core OZL minerals ==> they know the business and it would propel OZL into top 20 copper producers in the world.
3. Started production ==> immediate cash flow.

So all the above get big ticks for strategy

What are the downsides?
1. Copper Grade is 0.64% - is this low compared to other mines? I do not know.
2. Mine life - I do not know - so some data here would be helpful.

So if the downsides can be clarified, then yes, the evidence supports that PNA is a distinct option.

HT1