PEM perilya limited
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resizing and closure of hedge book, page-5

  1. asteroider
    19,428 Posts.
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    21/08/08
    09:52
    Post #: 4130596
    Should give them cash around ~110 after the $20m retrenchment payout.

    Potential for realizing value from Mt Oxide - sounds like they want to sell this?

    No hedges in 2010 - might be a good thing for predicted strong Zn market then.

    Cap currently ~89 at 45c

    Thoughts on target SP?
    PEM Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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