Yes strange day for PEM, but very undervalued, Broken Hill, is obviously the bad news, and I guess figures to come out or they would not be cutting Jobs. But remember these guys are cutting the jobs they are on top of it, taking action with the opportunity to expand again, so not reall lost there. the Cerro de Maimon is making money, they have fully funded this on debt facility, now paid off with a CR At .42 if i remember correctly. .(is this owned 50% chinesse?) Any one? so unless there is some thing I don't know appartment from current market conditions, prices, and the cutting of production, and staff at broken hill, this is still a MASSIVE, buy? Please advise if you have a difference in opinion, or other info. I think UBS did some research...
Please comment holders Please post thought as I don't want to have this wrong..
PEM Price at posting:
23.5¢ Sentiment: ST Buy Disclosure: Held
