PGO
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3.57% 8.7¢ pacgold limited

I feel Financiers will look negatively at the processing...

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  1. plough
    23,765 Posts.
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    19/04/17
    10:11
    Post #: 24133512
    I feel Financiers will look negatively at the processing treatment method which to me seems unproven in Australia.
    Given CRB which is also looking to use Resin in Leach for treatment , has a more robust mine plan than this and still has been unable to get financing what hope is there for PGO to get financing ?
    Despite the high tpa I also find it hard to believe such low grade ore without credits can be produced for such a low AISC.
    PGO Price at posting: 6.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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