is pne finished??, page-8

just a minute xyz. exploration companies, with money in the bank (but with no income) do not get "going concern worries" from the auditor. in the case of pne, there was a working capital deficit, at balance date. the company mentions that they are trying to raise funds, but with no success, to date.

a capital raising at 6c is out of the question - so try 3c.

the agm is only a few days away - but the company has not provided any updates.

the annual report provided no information, a quarterly was not released ( without the release of the quarterly report, a company would be suspended - but this company was already suspended from trading - so it did not matter) .

watso might be an amateur , but the people who manage pne, and get paid about $1m per annum, should provide a better service.

amateur advice from watso, free on hc. watso called this a dog, before it was listed - that was good "free advice".

long live watso!!!!! given the track record, who would you trust??? watso or xyz???


ps - somewhere in the report, the working capital deficit is mentioned..

sentiment should be "sell" - but the company is suspended - so no one can sell