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0.00% $1.84 panaust limited

I have no idea.I really thought 1.40 would be around the bottom...

  1. BionicBoy
    11,407 Posts.
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    19/12/08
    08:55
    Post #: 4622496
    I have no idea.

    I really thought 1.40 would be around the bottom but the tumbles it takes are quite staggering. Its current 1.285 so fell another 5%+ overnight.

    Is this purely due to deman vs supply with there being an over supply of copper?

    Where can you check Cu stockpiles and see if its decreasing or increasing day to day?

    Yeah...more pain to come. 8.2 seemed like a great low yesterday but if Copper keeps getting near the PNA Laos production cost price of 90c a pound...we better make sure PNA can ride this out.

    PNA Price at posting: 9.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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