My view as a long term holder is that PNA has a great future. I began investing back in early 2003 when PNA was 14c and accumulated until they had the 4 for 5 entitlements offer. I took up all my options and have held ever since. I have been at the last two AGM's and I am very confident about the future of PNA. The debt facilty released today is old news dating back to May last year.
No one should get to excited about this. What should be encouraging to all is that they have the backing of major bank in ANZ. This alone should tell you something about the quality of the mine they are developing. As for me I am looking towards 2008 / 2009 and beyond. The future rewards are there for those who stay true.
We won't even be discussing how the market moves up and down then.
Be encouraged PNA holders because whatever the market does it cannot resist an asset building company like PNA. PNA is recognised but the true value is yet to come.
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