PXG
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0.00% 15.0¢ phoenix gold limited

No way anyone is going value PXG @ 2 billion .... but 100mill is...

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  1. Sharetrader78
    6,287 Posts.
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    28/06/15
    19:37
    Post #: 15544626
    No way anyone is going value PXG @ 2 billion .... but 100mill is achievable

    $100mill take over offer.. would be valuing PXG in-ground Gold reserves round $90-$100oz AUD with all other assets + Cash for free .... so round 21-22c which IMHO is a fair price with the upside in the Zuleika shear holding muti Moz deposit .....
    PXG Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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