No doubt the potential is there, we all know the story has good upside it's just been a long and painful ride to where we currently sit.
Its easy to understand why us long term holders have suffered, the delays from getting into production plus the slow and painful decline of coal.
Either way, seems like something is brewing of late with the volumes of accumulation picking up. PZC could be a standout play at current levels usually doesn't move unless somethings in the wind.
Most of us faithfuls have share price averages well into the double digits, so it's hard to get excited unless there is a take over for 20 cents per share.
PZC Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
