-
Share
9,508 Posts.
661
03/05/06
18:14
Share
re: pna going toward 60 cts
Hi Mark,
Good to see you still here.
Just look at the gold price now being at US$670 per oz.
Once in full production the Phu Bia goldmine should give us 60 000 oz per annum.
With a cash cost of around US$200 this will be a profit of around US$28 million per year.
Now thats a good bargaining chip for some more debt to fund the Phu Kham development.
We could see some pleasant suprises coming from PNA imho.
I will be holding for some time to come.
jojo
-