PXG 0.00% 15.0¢ phoenix gold limited

Ann: Quarterly Activities Report December 2014, page-5

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  1. 6,881 Posts.
    lightbulb Created with Sketch. 97
    I nearly got a stroke, ALl in costs are $2100? WTF?

    what about the $980 they said it would be? he said they will fall substantially I hope they will fall to at least $AUD $1200 long term, he said all in costs will only fall because they will be milling the high grade stuff, now what will happen when they go back to milling the low grade stuff? will all in cash costs go back up to ridiculous number so we wont be making a profit on the low grade stuff?
    because most of pxg gold will be low grade wont it?

    someone who knows whats really up please reply.


    ps. this probably explains why we are still 12c right?
 
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