PNA 0.00% $1.84 panaust limited

re: revised maths Acturtle you said..."How can a companying...

  1. SCD
    3,438 Posts.
    re: revised maths Acturtle you said...

    "How can a companying wacking out another 100million shares just for its feasibility be positive? Maybe you think the discount is great stuff but this company is a long way from an operation and they have a lot of stock out there. it is not unusual for a lot of equity to get raised in the mine development phase so it aint the finish yet.

    So I showed you that OXR had behaved in exactly the same way, at the same time in their evolution and for the same reasons...but for some reason, you don't condem OXR for doing it...just PNA...that is how they are connected.

    AND what is wrong with 1m tonnes of coppoer and 1m oz of gold??? How can that amount of resource not be economic given the geology.


 
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