Not exactly high conviction buying though, a pittance really for Hounsell.
I think PNA is starting to suffer from the same malaise as OZL - its a growth stock without any near term growth. In fact like OZL its Earnings are actually in decline in the short term due to the lower poc and higher C1.
All the more visiable growth options are starting to look less viable or less material in context to the current producing mines.
PNA Price at posting:
$2.51 Sentiment: None Disclosure: Not Held
