PXG 0.00% 15.0¢ phoenix gold limited

A good presentation that shows very clearly where PXG is going...

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  1. 6,287 Posts.
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    A good presentation that shows very clearly where PXG is going if it doesn't get Taken-over in the mean time.......some points

    -Heap leach est AISC $900oz AUD if so that will add another =12.5mill AUD EBIT

    -The Norton deal looking more like it may well be a 8yr+ long term J.V --- from current gold est 10mill EBIT

    -Toll treatment Greenfields Mill ....more cashflow ...how positive we will find out over the next couple of Qtrs

    -Currently 10mill in cash (420mill shares)

    -Exploration at the northern Zuleika Shear zone on the same trend of NST 6moz resource to the ....Huge potential here ....(would NST ever look to PXG to add reserves ?)...
 
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Currently unlisted public company.

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