PNA 0.00% $1.84 panaust limited

go long for copper and gold, page-7

  1. 11,632 Posts.
    Bigstar brillant post so a huge thanks from me. Glad your on board.

    "But" there's that word again lol.
    I think its really important we don't get ahead of ourselves a tad to much. Just a few incorrect comments IMO

    Your comment on C1 is not what is being reported to the ASX by the base metal producers. Some companies are reporting an increase of 7% due to the diesel fuel rebate being removed by the left wing, pinko, commo, tree hugging, sandal wearing, basket weaving, sitting under a tree getting benefits that our taxes pay for, socialist greens implemented in their carbon tax. This could be worth 5c per pound of copper produced.

    PNA is not seen as a diversified copper company ... YET - it has a way/some could say long way to go on Inca and it's gold mine is not yet in production. We need to be careful that we do not count the chickens before they have hatched. But I have you know I love falling into this trap all the time has some may tell you here.

    Your comment about capex and PNA is brilliantly correct - conservative management, not stretching the balance sheet is worth heaps nowadays. Cheers.
 
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