RE: Only way is down!!!16 Sep 2013 23:47
Salz, is your longstanding certitude about the dividend based on anything other than PAF's vague, aspirational statement about restoring it at some point?
I see Ron Holding, former chief operating officer, is new CEO though they're saying he lacks Nelson's charisma. I saw Nelson at the Chester Hotel and he came across as an affable lummox who spouted platitudes. If that's what they mean by charisma, Holding should be an improvement.
Meanwhile, Jan's toxic legacy, Evander, should continue to impact seriously on PAF's average extraction costs. Cut your losses here and get stuck into Petropavlovsk - more bang for your buck!