As much as we may dislike Avery and his all his shortcomings/previous history etc etc… he has not missed a deadline and has conducted his business professionally (from the retail window view).  On the flip side, you see a date issued by PPI and you divide it by the average age of the Canucks NHL team, multiply it by 20, and then divide it by the average age of the Brisbane Lions AFL team, then multiply by the number on their list (x40) and you might get close to when the actual date is!  That’s the type of confidence the stumbling PPI management team has given the average punter!  They have stumbled from pillar to post and until they give the market some definitive numbers WHILE also doing it on time, then expect suppression in the SP.  I do believe it will appreciate to its true value in due course, but the big Q is when…

 

The PEA is slated for the end of Q1, a PEA well before this (which is very very likely) will go some way to repairing damaged goodwill... ;0)

 

T

 

PS:  Hope you lot on the East Coast are rugged up...