PXG 0.00% 15.0¢ phoenix gold limited

Yes going need to be cash-flow positive with 15.4mill outgoings...

  1. 6,287 Posts.
    lightbulb Created with Sketch. 279
    Yes going need to be cash-flow positive with 15.4mill outgoings planned for next Qtr -$6mill in cash

    Some S/H's selling down on gold's pull back and AISC being higher than gold price ....still can't expect to be making massive profits on early days ramping up of production ..

    Be good to see NGF pull finger and start toll treating PXG ore ...with mining/labour costs falling and AUD Gold not far from it's record high PXG's cut should be very nice
 
watchlist Created with Sketch. Add PXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.