1030 [Dow Jones] STOCK CALL: Pan Australian (PNA.AU) rated Outperform with 12-month target price of A$1.13, says Credit Suisse, compared with last trade 99.5 cents, up 2 cents. PNA announced yesterday Phu Kham mill 95% complete, wet commissioning underway, part of delivery of mine ahead of time, within budget. Early commissioning positive for PNA faced with strong copper market, says CS, adding PNA has consistently outperformed expectations. CS also cites exploration potential around mine, region, so PNA "remains inexpensive," it says. (RCB)
PNA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
