PZC pan asia corporation limited

Well I'll be! Am I missing something or should the latest...

  1. 1,449 Posts.
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    Well I'll be! Am I missing something or should the latest announcement be the catalyst for a turnaround?
    Surely the increased tonnage and potential mine life will start to attract the interest of others?
    The market cap. to tonnes in the ground is starting to look way out of kilter.

    What am I missing? Ok. The coal is in Indonesia, which to some is a negative but surely that is balanced somewhat by the smaller distances to the energy hungry markets of Asia, China and India.
    We lack cash. What small explorer/early developer doesn't? Will we have trouble raising cash to commence development? With today's announcement I reckon there will be increased interest in finance/off take agreements.

    Definitely one to accumulate after today's news with a 1-2 year time frame IMHO.
 
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Currently unlisted public company.

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