will pna defy the market, page-2

Gidday Elroy,

I concur. We saw late yesterday a very strong AR. Well I didn't see it 'cos I went away for the afternoon and it was all over when I came home. Damn!

But this action means to me that there was someone with deep pockets stashing up, and that the mumndad sellers were thinning out. IMO the post rights issue flog-off has subsided and a bit of normality has returned.

Couple that with the POC rise (indeed, all the Base metals) and I think that PNA is likely to hold or even improve past 40 today.

That will put my August 5th prediction for the 50c game well in contention, especially given that I expect good figures for June 1/4 H/Y report.

If I'm right I will give the Hereford a Free Pardon and get a slab of Wagyu from the butcher down the road.

cheers

Stu