id agree the sp can only head up from here based on the figures but being a base metal producer things can happen outside of their control as with what happened a couple of months ago when it dropped from 76 cents down to 50 which was a bit of a shock to the system to say the least lucky i had faith and held in there as many didnt.(even topped up a bit) i beleive strongly that pem will reach a $1 at least. soon enough
Pem is a now a cashed up low cost producer with some pretty good hedges in place we should still make a good profit this quarter even with the slump in base metal prices
not advice just thinking outloud dyor
PEM Price at posting:
56.6¢ Sentiment: Buy Disclosure: Held