PNA 0.00% $1.84 panaust limited

rio tinto on the prowl, page-58

  1. 858 Posts.
    This thread has seemingly gotten off track, with the personal snipes...

    A director buying 500k shows a lot of faith "going forward", ie not a short term SP spruik.

    PNA is not some mining spec (aka quick multi-bagger), so those looking for a quick buck are looking at the wrong stock.

    Those wanting in as PNA starts generating decent revenue & cashflows each month probably need to wait until 30 June 09, to see exactly where PNA is heading, they will be able to repay debt very quickly, & then should generate large enough cashflows to pay dividends.

    Roughly $US35m per month revenues at present highlights the "potential", & Claws hit the nail on the head...

    PNA is not a one trick pony

    In fact come 2011, PNA's gold will exceed the likes of DOM when Ban Houayxai comes online (+100k to add to the 65k from Phu Kham), the 600k/oz of Silver is the cream on top.

    I'm looking at a 2 year timeframe for PNA (where i also believe Copper will be stable & av $US3/lb min)

 
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