CEO Alan Hopkins said “This is timely confirmation of clean title for our project which has a Feasibility Study coming out imminently”.
Some people struggle to understand what the word imminent means, plus some people are just freaking out that the worlds going to end thanks to this Euro crisis.
What many don't understand is the demand for coal will still be here regardless of what happens in Europe, the CEO knows this, management knows and I can assure there are a handful of astute investors that know this too.
There will be no shortage of buyers lining up to get the goods, been stated before in previous interviews with the CEO.
I'd love to free up some capital and soak up these panic sellers. It doesn't take much for the smart money to capitalise and line wipe the weakness.
PZC Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held
