bury the hatchet..wheres the bottom, page-9

PNA has again found a new low closing at 29.5c, at current copper / gold prices and the AUD v USD PNA will pocket $450 Million Gross Revenue from Phu Kham at $1 USD cash costs PNA will make $250 Million estimated net revenue so current market cap is at a PE less then 2.

IMO the market is factoring in a much lower price of Copper so $2 won't hold we are probably looking at a Copper price of around $1.50, I get the feeling something ugly to come from Asia in the very near future to set the ball rolling.

This market has gone bananas as quality stocks are being thrown out the door.