bad week continues, page-2

Nickel up 3 % overnight the aussie dollar down. These 2 combinations would have usually seen PAN rally 3-5%. It seems it just wants to hold these levels(or move down). The last 2 quarterly reports were dissapointing but they did flag an increase in production over the latter half of the year.

With 150Million in cash the company is now valued at approx $340. Earning approx EITDA 80Million puts is at a P/E of 4.25. seems cheap