PNA 0.00% $1.84 panaust limited

re: Ann: Likely Mineral Resource Increase at ... 8 weeks ago,...

  1. 26 Posts.
    re: Ann: Likely Mineral Resource Increase at ...
    8 weeks ago, the company saw fit to put out a media release with the headline "record monthly copper production" for July and containing the estimate of 60,000t annual production. Today (only 8 weeks later)they bury what is a significant revision under a headline trumpeting positive news. Frankly, if this is the sort of game management play,its not a company I want to invest in. It reflects either:
    1. a pathetic attempt at price manipulation; or
    2. incompetence regarding capacity to forecast production (based on previous media release).
 
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