I agree Bowerbird.
Phu Kham is now operational, cash positive and ramping up to full scale with a consequent doubling of FY09 EPS.
Based on GSJBWere's recent estimates, PNA is inexpensive on all valuation measures. This underpins their CONVICTION BUY recommendation.
They see limited downside price risk, rather upside price potential.
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I agree Bowerbird.Phu Kham is now operational, cash positive and...
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