PNA 0.00% $1.84 panaust limited

zfx t.o, page-10

  1. 417 Posts.
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    Capman,
    I am not questioning its profitability.
    I had a quick look at ZFX reserves and resources and projects like their Rosebury mine have a bit more meat, they have grades of 1.8Au and .4 copper as well as credits for Zn, Lb and silver, where PNA is 0.25Au and 0.56Cu.
    Sure production costs are low for PNA but dont they have to freight it (Thailand?) and smelter it (Thailand?), adding to costs.
    Lets hope PNA can maintain recoveries, contain costs, negotiate a good smelter cost and keep the mine in operation, unlike the probs with the present Au project.

    Time will tell what happens
 
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