PNA 0.00% $1.84 panaust limited

Thanks Missionx, PNA remains my favorite stock among others that...

  1. 1,195 Posts.
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    Thanks Missionx, PNA remains my favorite stock among others that I used to trade : BHP, NCM, FMG, and RIV

    My opinion is PNA has lot of upside and I continue to accumulate this stock without too much of worries for the following simple reasons:

    - PNA will become a mature producer: by end of year 2009, PNA will generate huge amount of revenues thanks to its Phu Kham production (see PNA recent reports for their expected production volumes / also refer to my comments on thread ANN - March Quaterly Cost and EBITDA)

    - It's a low cost producer, and that's what any investors/fund managers will target for.

    - PNA is a potential takeover target, so its sp can at any moment double or triple..

    - PNA has huge reserves in the pipe with other projects to come:
    * Puthep Copper (Thailand)
    * Triple "N" Gold Prospect located in the far north of the Phu Bia Contract Area
    * Hoy Tum Zinc-Lead Prospect located east of the Tharkhek Prospect
    * Exploration targets within its 2,637 square kilometre
    contract area within the Lao PDR


    - Among other commodities, Copper will be the first resource to recover when the economy get better

    - PNA has outstanding and experienced management : target production always scheduled

    DYOR
 
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Currently unlisted public company.

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