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
|
|||||
Last
9.9¢ |
Change
0.001(1.02%) |
Mkt cap ! $632.4M |
Open | High | Low | Value | Volume |
9.8¢ | 10.0¢ | 9.7¢ | $1.764M | 17.85M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 450 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 6165 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 450 | 0.110 |
4 | 72277 | 0.100 |
1 | 200000 | 0.098 |
2 | 107680 | 0.097 |
5 | 1250294 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 105862 | 6 |
0.099 | 295368 | 2 |
0.100 | 1614949 | 9 |
0.105 | 2985291 | 15 |
0.110 | 1462800 | 7 |
Last trade - 15.59pm 03/07/2024 (20 minute delay) ? |
Featured News
PNR (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online