PNA 0.00% $1.84 panaust limited

Yup theres plenty to like, confirmed cash costs of $US1/lb...

  1. 858 Posts.
    Yup theres plenty to like, confirmed cash costs of $US1/lb (using $720 Au & $12/oz Ag), so costs are in check.

    10,000dmt went thru early Oct, had that gone thru a week earlier the Sept quarterly would have shown another $US30-35m revenue/cash

    Dec Quarterly forecast is for:

    25,000Cu, 30,000/oz Au & 180,000/oz Ag = very nice.

    The bears may be running the market, but they are plain stupid IMO.

    $US14m cash on hand* & over $US25m able to be drawn down from there debt facilities.

    * As at early Oct would be more like $US40-45m, the last delievry would show in there accounts as a receivable.

 
watchlist Created with Sketch. Add PNA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.