agree that anything in the teens is good, as cash now will help survival. I have 0.30, 0.11 and 0.88 parcels all in the last 2 months, and if you check the volumes on this stock, I'm not alone. So there should be a floor.
dilution is an issue - maybe a consolidation when things improve? 5 or 10 to 1.
nothing in the presentation today is scary, except for the $300m debt and only $50m free cash flow at current prices. We need a metals recovery - not someone buying them out cheap.
compare this management with OZL - maybe they should offer them a few bucks for Sepon?
PNA Price at posting:
17.5¢ Sentiment: ST Buy Disclosure: Held
