Deidre
A few facts that you should probably look at...
PNA is generating monthly revenues of approx $US35m per month, & re there debt, they already have the funds they arent fighting to get them in this economic climate they already have them in place!
PNA is also the lowest cost copper producer on the ASX, closely followed by CUO (CDU is meant to be cheaper but isnt in production yet & there costs were calculated by MPS the broker that was pumping them!)
If PNA goes sub 30c then i'm buying up!
Just look at BHP/RIO & there recent investments in Copper projects they have faith in Copper going forward, so thats surely a positive sign...
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this is not going under 30c again, page-21
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