The low grades have always been a concern to me. For PNA to...

The low grades have always been a concern to me. For PNA to reach 22.5c today surprised me no end.

I sold my 20,000 PNA Thursday week back (13th Jan) for 17.5c ($3,500). I thought that was OK. I've held the first of this lot since June 2004 and have had to average down twice to feel comfortable holding it. I'm looking to buy back in at 15.5c. PNA have yet to get through those construction and commissioning worries. So I'm hopeful even after today's surprise that a retrace to 15c is still a likely possibility.