1. Mount bundy and the grades ... old news
2. We know the grades at rustlers roost etc.. old news
3. We know they have a great broad with a lot of experience ... old news
4. We know they acquired coolgardie .. old news
5. the only new item is the grade
Not sure that the the 13C per share will hold though.. need to see to believe, a bit over rated.
Doing an investment presentation like this one today.. what is that meant to do bump the share price up??? don't think so!!!
This can only dilute the company in the long run.. in any case, i am sure there will be plenty of capital raising until coolgardie goes in production.. with no doubt!!
No trying to be too pessimistic but all that road show is a bit too early
PGO Price at posting:
13.0¢ Sentiment: None Disclosure: Held
