Good article (much better than the endless off topic dribble - albeit from a very nice bunch of chaps).
Seems to me the news on July production was the panacea required by some would be buyers.
Whilst a little dissapointing I will live with a top speed of 5000 t/mth as we crunch through this transitional ore. Seems to me with the poc now double it's lows the market is going to be a bit more forgiving. 260/lb - what a sea change from Dec - Feb.
Seems to me we've digested the rights issue, mostly redeemed the poor production showing and got a pantastic alignment of poc, global recovery sentiment etc.
EL
PNA Price at posting:
$2.05 Sentiment: LT Buy Disclosure: Held
