Raasta, great idea for a thread. Haven't followed the stock for as long as you, my thoughts are below:
- PRW is at an important time in its existence, with 2011 a critical year to get things right and keep up momentum. - Management team lead by Andrew seem to have a good grip on things but will need a little bit of luck along the way, as most companies do. - A couple more announcements (e.g. mining license, more drilling results to confirm what we have got) or a few larger shareholders increasing their holdings and coverage with a couple of brokers would give the s/p a good push.
Can't see a price of $2 a share yet (market cap would be huge based on shares on issue and converted options) but would be very happy with 25c (as per RB Milestone report) by mid to late next year.
PRW Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
