Anything below 28c would be a joke ......PXG ramping up gold...

Anything below 28c would be a joke ......PXG ramping up gold production successive will see us at that price before the years out and with the AUD gold keeping to its bull trend ..

28c-30c would value PXG gold reserves round 10% of current AUD gold price less 100mill for CAPEX needed to see a Gold plant producing 120koz p.a .....aka A JOKE

60c-70c would be a fairer value ...which goes to show you how oversold the sector /PXG is currently ....had we been where we are at present back in 2010-11 when AUD gold was round the same value we would already be over 40c

It's only a matter of time ....then this forum will be full of "Should have brought more" "can't believe the market response" "why did I sell"