PNA
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0.00% $1.84 panaust limited

So you reckon PNA is getting the LME spot price for copper?...

  1. deidre
    1,367 Posts.
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    22/10/08
    15:58
    Post #: 4416632
    So you reckon PNA is getting the LME spot price for copper? Lol

    Only OZL, CUO etc which produce actual copper metal get the premium price without any additional smelter fees etc which PNA will get slugged.

    If you read and carefully listen the China GDP numbers were not taken seriously, in fact it was taken as a negative. We haven't seen real numbers until most likely a qtr or two in 2009.

    Buy at your own risk, this stock is not going back to $1 or 50c any time soon. Any spikes in price is from traders alone and will be used by the insto's to dump into.
    PNA Price at posting: 24.2¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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