All funded now. Very little debt. They just need to get their s*** in order and steadily produce. Might be a couple more hiccups this quarter but hopefully smooth sailing thereafter. If we can produce 25,000oz consistently for last quarter 23 and 1st quarter 24, we should be able to have debt paid down and hold a share price around 10.5c.
I'm liking PNR at these prices but still prefer RED sub 20c
Lets see how all the superfunds re balance their Australian Share Funds later this year once Newcrest shares are swapped out for Newmont.
They will need other ASX goldies to balance out their portfolios. EVN and NST are fully priced. I can see RED and GMD being bought up big. If we have things in order, we should get a few nibbles.
PNR Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)