If PEM falls before earnings release you can be assured that results are poor. PEM is notoriuos for insider sells just before release like in 2004. Probably .50$+ operating costs in Broken hill + further delays with Daisy Milano, no progress with Flinders - thats what we are going to learn in a few weeks. Lubber will continue on the path of decrease like the further CEO did. If Broken Hill continues to yield poor results IMO even a close or dispose of Broken Hill should be on the agenda on next years AGM. Perilya is my biggest disappointment in the mining sector I ever had. Probably only a good tax loss shot *LOL*
Lenni
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