There's a lot to like (although I do feel the sp is a little heated atm).
Production - Going well, exceeding expectations a little. Reaping the margin on high poc and lower unit costs (on higher prdn).
Chile - If it comes off, then the timing has proven good, with the rise in poc since the deal greatly improving the economics of this low grade deposit.
Phuthep - Likewise must be looking more attractive with the poc outlook.
Ban Houayxai - Pog great, and silver credits looking much better.
Still the real thing we're looking for is another big copper deposit in Laos. Did I detect optimism between the lines in the speeding ticket response??
A company doing all the right things atm, but I'd rather see exploration results than sp exuberance myself.
EL
PNA Price at posting:
$4.00 Sentiment: LT Buy Disclosure: Held