PNA 0.00% $1.84 panaust limited

BBYou can cheer this thing all the way down to 0c if you want,...

  1. 152 Posts.
    BB

    You can cheer this thing all the way down to 0c if you want, it's your money.

    Correct, Management have delivered on construction and production but this is not what makes investments worthwhile.

    Mining is all about cashflow, not headline numbers that by themselves mean nothing.

    They were cash negative Q4, I see no reason why this will substanitally improve and they have a huge principal repayment burden now in 09.

    I am dumbfounded at the amount of people that buy junior mining stocks and don't look at the real numbers.



 
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