meeting with martin rogers at om, page-40

Westhx,

I don't agree market sentiment for PRR is really low, but market sentiment in general is really low - which in turn affects the SP of ALL companies to a degree.

In fact, I am now excited about PRR's immediate prospects
1. SP has retraaced for almost 10 mths now ( almost same as from Oct 09)
2. Capital raising appears to finally be absorbed by the market - volumes are really low now!
3. 2012 will be a very exciting year for news flow & this is what the SP needs to start the upward trajectory

I know it is painful to watch the SP every day & see it slowly go down, but the major damage is now done & if you have been able to sit through that, then I believe the worst is over for PRR SP. Of course our market is made up of mostly miners & they are doing it tough & still have a way to fall & this will affect the over all ASX.

A turn around is not too far away IMO. have faith !!

Spare paper