There is a very gloomy article in the AFR today about the outlook for copper prices as the recession hits. It is not good and it is starting to turn my consideration of PNA. With such a collapse in pricing, I can't see how they can service the debt they have.
Here is the link:
http://www.afr.com/home/viewer.aspx?ATL://MTFH41672_2008-12-03_13-49-35_L3378211§ion=market_wrap&title=Copper+may+face+further+losses+as+recession+hits
