From today's 'Australian', columnist Robin Bromby writes:
"Deutsche argues the heavy sell-off in key copper stocks makes a compelling value opportunity. The team sees Sandfire Resources (SFR) and PanAust (PNA) as the go-to stocks. Sandfire's price has dropped 30 per cent in the past three months but the water problem at the DeGrussa mine is seen as well in hand. Mining should resume this week. As far as PasAust is concerned, Deutsche sees cashflow ramping up in 2015 and 2016. The present lower share price 'offers and entry point to the only copper stock offering organic production growth and new project development', the analysts add".
MM
PNA Price at posting:
$1.50 Sentiment: Hold Disclosure: Held