It does not make the situation any better but where are all the people who expected Pem to double the 2012 results? Will be tough to meet even 50% of 2012. Let´s hope they manage to stop the cash running out of the company (another 11 Mio for Potosi in Q1!) and the metal prices at least remain stable or increase. That´s what PEM needs. Even considering the debts the acquisition seems to pay back the money paid a few years ago.
PEM Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held