Ann: Trading Halt , page-60

onlinetrader,

The devil for the PNA share price will be in the details released tomorrow morning..

Will PAN be the operator? what are the production costs? What are the total development costs? Is there potential to increase the resource from that stated by Codelco? How will it be financed, Cash or Share issue? Can PAN fast track the project and bring the feasability study forward to say 6-12 mths?

There is also the question of the sovereign risk of Chile..
Do any of the HC boys/girls know??

A lot for the market to digest and the initial reaction maybe for the SP to fall before the benefits become evident..

On the brief details released the project would generate $3.9 billion in revenue over 10 yrs at $7,000 per tonne copper and $1000 per oz gold.. Obviously too small for Codelco to fast track, but hopefully right down our ally..