Has the Market (including me) misread this report?
Yes, the first thing we read is that the mine life is slightly reduced time frame now of 16 years and so forth.
That surely doesnt change the profit PRW will make in the first 10 years or so from this mine plus it is a Minimum Estimate of 16 years.
It seems the market over re-acted just a little with todays sp low at .055 (which was a buying opportunity in hindsight IMO) but interestingly it went back up and closed at .06c after yesturdays close of .065 ... So it the market placed it somewhere in the middle I guess...
PRW Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
