but your explanation does not answer why PEM increased their debts. Where can I find a clear answer for the increase in debts?
I also don´t like the statement that cash would not be a problem and if so they just have to sell...
Nevertheless I´m convinved that the current sp is too low in particular if the worst case scenarios for the global economics turn out to be too pessimistic
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Ann: Quarterly Activities Report , page-11
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