Good post Speculator,
PNR is a classic example of a company with great assets overshadowed by problems of execution, financial restraints and delays … some make it and a few don’t … looks like the gold price will see that PNR makes it.
The shareprice continues to rise on no news … the stars are aligning for PNR and others in the gold space. Breaking 8c today was pretty exciting, doubling the sp in 6 weeks.
PNR has been my most rewarding investment this FY … from both, a financial and personal perspective … entered 6 months ago when sentiment was very low. After weeks of collating years of announcements, presentations and printing every photo of Scotia and Green Lantern I could find, then nights of calculating, estimating and thinking I entered with a much different view to most.
Over 6 months I have bought 17.5m shares and traded 15m of them … for a $157k profit ( 50% realised, 50% paper )
Possibly as the story matures PNR may become more active in the Investor Relations area … it’s always easier to promote a good story than a poor one.
My own short term priority is the divestment of Halls Creek, reduction of C&M costs and focus on early repayment of loan when that window opens in a few months.
Confident in RUC Mining to establish Scotia production on time, O2 improving and production rising.
Best of luck.
- Forums
- ASX - By Stock
- Ann: Half Yearly Report and Accounts
Good post Speculator, PNR is a classic example of a company with...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNR (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.4¢ |
Change
-0.003(3.45%) |
Mkt cap ! $542.1M |
Open | High | Low | Value | Volume |
8.5¢ | 8.7¢ | 8.4¢ | $660.4K | 7.744M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 604702 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 558727 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 604702 | 0.084 |
7 | 935005 | 0.083 |
1 | 400000 | 0.082 |
7 | 954860 | 0.081 |
7 | 1101150 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 558727 | 2 |
0.086 | 245616 | 3 |
0.087 | 106859 | 5 |
0.088 | 220000 | 1 |
0.089 | 263850 | 3 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
Featured News
PNR (ASX) Chart |