PXG
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0.00% 15.0¢ phoenix gold limited

Pete.I read through Lonsec and Bell Potter and couldn't find...

  1. scottpev
    448 Posts.
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    08/03/14
    10:48
    Post #: 13100455
    Pete.
    I read through Lonsec and Bell Potter and couldn't find anything that specifically said funding would not be possible at $1450. I assume you meant AUD1450. Normal risks mentioned by both. Also both assume a CR will occur for near term funding. Lonsec around 85 million at 14.8 cents to raise $12mil and Bell Potter a $20 million raising. RBC assume a $15 mil raising
    PXG Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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