PNA 0.00% $1.84 panaust limited

fat p - woosh 0214 GMT [Dow Jones] STOCK CALL: Fat Prophets...

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    279 Posts.
    fat p - woosh 0214 GMT [Dow Jones] STOCK CALL: Fat Prophets recommends investors hold Pan
    Australian (PNA.AU) shares around current price 22 cents. On track to make leap
    from explorer to producer with first gold pour at Phu Bia project, Laos next
    month, after minor delays but essentially delivering on plans. Remains well
    placed to emerge as mid-tier copper, gold producer, although likely to
    experience ongoing share price resistance until project financing arranged,
    says brokerage, research firm. Adds proposed start of drilling regional targets
    at Laos' Phonsavan in June offers some exploration appeal. (JAD)
 
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