PNA
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0.00% $1.84 panaust limited

confidence, page-7

  1. TC-DRC
    152 Posts.
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    17/10/08
    05:27
    Post #: 4399197
    Nitetrader

    Current 90th percentile marginal cost of production is 1.80/lb. In a global recesion this should be the ceiling. 3rd quartile is around 1.30/lb, It should bounce within this range for the duration of the downswing.
    PNA Price at posting: 27.9¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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