help, page-4

They wont have a problem refinancing their debt. PNA have a revolving door when it comes to refinancing.

"They have consistantly said they will produce copper at much lower prices (C1 Cash costs of 90c/lb) but are yet to do so. "
they only been producing properly for a quarter, so what exactly does this mean?

First quarter production is always the most expensive. espesially when it takes into account costs of other explorations and also set up costs.
i have no doubt pna can and will reduce the price of their production.