OTCQX:PALAF - Post by User
Post by
fredviewon May 15, 2014 5:47pm
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Post# 22567428
Why
WhyGo back over the previous conference call. Spot sales are very important to PDN, they plan on selling more into spot in 2014 than they did last year. It will be interesting to see if they are cash flow positive at a 28.40 spot. If they aren't they would be burning cash from asset sales, not a great long term strategy. If they get to the point where they are going in the red a few bucks for every pound that goes out the door I think it would be a significant issue. Let's see what they say tomorrow. Conference call and Q&A will clear up any speculation.