PNA 0.00% $1.84 panaust limited

Just saw that too... interesting. I forecast that PNA has sold...

  1. RRM
    726 Posts.
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    Just saw that too... interesting. I forecast that PNA has sold over 7,000 ounces of gold by end of Jan.

    2,000 in November, 2,000 in December and 4,000 by end of January.

    Assume $490 on average (could be higher, but I am assuming the worst with PNA management) - that would be closer to 3.5m in sales. Take off the overheads etc. - Leaves a nice 1.2m profit??? That would create some interest now would it not?

    Opinions only - hold over 100,000 PNA.
 
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Currently unlisted public company.

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