PGO 5.62% 8.4¢ pacgold limited

I was just doing the same as you guys and looking for an update...

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    I was just doing the same as you guys and looking for an update on Coolgardie, as it was touted as being virtually good to mine back last year, but I can't find anything recently around how much Capex is needed to get it off the ground or whether they are still looking to mine it at the end of this year (which feels unlikely now based on the lack of news).

    One find - They have stated in the recent company update (at the bottom of the Bundy update) that the PFS is 90% done for Coolgardie and they expect it to be released this qtr..... so in the next 3 wks I guess.

    The key part of it for me is the 'Capex' to get it off the ground.... as once it's up and running (if it's feasible) any cashflow they generate will reduce the bigger $155mil capex (est) they need for getting Bundy off the ground.

    Some interesting times ahead.
 
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