PNA 0.00% $1.84 panaust limited

pna, page-9

  1. 1,367 Posts.
    $1 in 12 months you are dreaming mate, take a break and watch the markets there is a wave of money coming out of resources, those $1 days are gone. Why people continue to fight the insto's is beyond me.

    Management need to ensure the company can keep its head above water over the next 12 months will be the key, look how far Nickel fell, zinc from $2 to $.50c this is not the bottom for the price of copper and remember PNA have $360 AUD Million in Debt.

    PNA is a very low grade operation, they are having to process Millions of tonnes of Ore to make 60KT of concentrate.
 
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Currently unlisted public company.

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