PNA panaust limited
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  1. MulgoaN
    250 Posts.
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    23/04/15
    06:37
    Post #: 15138360
    X2 has upwards of $5 billion to spend, which is more than enough to top the $1.1bn offer from GRAM. The theory goes that Davis is very familiar with PanAust’s key undeveloped asset Frieda River, given he formerly had control over it as boss of Xstrata, and may be keen to reclaim ownership.
    PNA Price at posting: $1.74 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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