PIR 0.00% $1.49 papillon resources limited

africa down under, 29 - 31 august 2013, page-3

  1. 1,890 Posts.
    Lol , it all comes down to what you have to say Hussy ! And PIR have plenty to talk about . Perhaps they'll get the resource update out before the conf.

    Just a quick set of figures worth talking about :

    Gold price of $1400 @ 305000oz per year for PIR will be over $200 million free cash flow ! (All in costs of $725/oz)

    Is this the most undervalued resource on the whole ASX ? And I'm not just talking about in the gold space .....
 
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