PZC
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0.00% 0.2¢ pan asia corporation limited

bankable just confirms 80c npv..last 14c, page-2

  1. velzy
    279 Posts.
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    23/05/12
    09:51
    Post #: 10211085
    I agree very very cheap. Everyone has been waiting for the Feasibility Study. Now that it confirms what they have been saying like you say someone will either bid for the company or a big corporate deal will happen. It seems like the FS is very conservative. 25m tonnes mineable from 128MT let alone the curr rent drilling targetting over 200MT.
    $40 plus margin times 1.5m tonnes *.70????

    Market cap less than $20m.
    PZC Price at posting: 14.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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