Ann: Phu Kham March quarter cost and EBITDA perfo, page-12

re: Ann: Phu Kham March quarter cost and EBIT... Food for thought here:

With current production of Phu Kham (March 2009), PNA came up with an EBITDA of $33.3 M

Now by end of this year, if production target is reached as following and they will (those guys are always in schedule), PNA could end up with an EBITDA above $300 M:

- 75,000 tonnes cop
- 70,000 oz gld
- 600,000 oz Slvr

At that speed, PNA will start making profit very quickly...

DYOR