Ann: Phoenix to stage development projects after , page-22

re: Ann: Phoenix to stage development project... god up US$16 but gold in AUD$ only up $10 but we are still AUD$1460, all the calculations in the DFS were at AUD$1350, hopefully next week will be a very good one for PXG ad we might finally break above 20c again.

I agree most of the gold producers like ncm, nst, bdr have had a great run already, its time for the gold developers that have little risk like PXG to catch up with the gains.

something like NCM will find it difficult to triple to $33, whereas PXG can easily get to 48c in a year or 2.