policy of hedging 50% at us$1.45/lb copper, page-21

With the qtly coming out tomorrow, PNA holders have the ability to check the performance of PNA against OZL and EQN & KZL (when their qtly comes out). Things like C1 cash costs, tonnes of Copper produced vs guidance, grade of copper mined and average price for the qtr on copper will provide the ability for holders to compare the performance against their peers in the same material.

It is always good for the facts rather than the emotion to speak. Many people have lost significant amounts of money by falling in love with a stock and ignoring the facts (OZL for one comes to mind)

HT1