Hi Spec,Not too worried about any of this … I have already made...

Hi Spec,

Not too worried about any of this … I have already made my money, reduced my shares to 2 million so doesn’t really bother me.

The director share sale seems a little close to the line but I assume it falls within the rules otherwise PNR are leaving themselves open … it was 1million shares and they are adding another billion shares so hardly meaningful … at the end of the day it will probably open post CR circa 8.3c so we are talking $3k … If anyone is worried about that sort of money I would suggest spend more time on investing than posting.

I haven’t seen anything official where the money is being apportioned but based off what’s been posted I would start at, why the rush to repay loan …. considering payments don’t start till next qtr and extend for a window of 3years … it would interesting to know the restrictions within the loan terms … PNR board might have something in mind.

The rest is fairly obvious, industry trending to high grade undergrounds and O2 and Scotia won’t produce the required tonnes to fill the Norseman mill.

Will just wait and see what the official presentation says … no good blowing a blood vessel.