I was just looking back at past presentations..and just to remind you:
Calculations of a best case scenario for PNA were made on the assumption of $2.25lb for copper and $550 an ounce for gold..right now copper is at $3.40 a pound and gold at $861 an ounce.
Copper could fall by another 30% and gold by another 35% and we are still ABOVE the BEST CASE SCENARIO that calculations were made on.
The current PNA share price is completely oversold and absurd..resource stocks are in complete panic. Small comfort though as it will probably drop more from here...completely insane!!
- Forums
- ASX - By Stock
- PNA
- recheck your reasons for investing
recheck your reasons for investing
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)