PXG
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0.00% 15.0¢ phoenix gold limited

re: Ann: Phoenix to stage development project... Reading the...

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  1. CashedUpBogun
    5,669 Posts.
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    16/02/14
    23:16
    Post #: 12943072
    re: Ann: Phoenix to stage development project... Reading the announcement, the staged approach utilises third party mill capacity. CapEx 8-10m to generate 25-30m.

    The heap leach option is pre-plant construction (page 5), capex $30m as per page 8, funded from internal cashflow
    PXG Price at posting: 16.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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