PXG 0.00% 15.0¢ phoenix gold limited

your right I ASSUMED that's what they meant, because in one of...

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    your right I ASSUMED that's what they meant, because in one of the reports it specifically says gold at current levels (I assumed AUD$1450 because I think that's what gold was when the report date was) the castle hill project to get off the ground the gold price will have to be CONSIDERABLY higher than current levels, that's what it said.

    Do you think they were being too negative? or do you think they have a good point?
    Remember I and most here are in for the medium-LT im in this until at least 2016, so that's why I need to know about how they will get castle hill mining if POG stays around AUD$1450-AUD$1500.

    You would think a 45% margin would be plenty to keep the banksters happy wouldn't you (all in costs AUD$989)

    Its not like all in costs will be AUD$1300 and gold is AUD$1400 , if it was like that of course the market would be nervous, but if all in costs are AUD$989 and gold is AUD$1480, than everything should work out well with castle hill shouldn't it?

 
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