entropylord - great explanation about pan not having cash generating issues
BUT
we owe another 35 mil! so virtually all the new 40mil being raised is NOT for further development or working capital as released in their last few communications but to repay another UNDISCLOSED DEBT. that makes the previous announcement a load of bull.
it would of been slightly helpful if this information was made available before I bought my last batch of PNA. I am extremely not happy with management withholding the info!
In the other side it is good to see they are keeping the company above water with an oversubscribed release.
But my sentiment is now hold until I can regain trust in management!
Also can anyone explain selling on a provisional basis?
or the actual transaction that has turned 35 mil under water?
share placement, page-18
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