PXG 0.00% 15.0¢ phoenix gold limited

What The hell, page-29

  1. 6,287 Posts.
    lightbulb Created with Sketch. 279
    -if you believe in the main projects.... PXG is so very cheap....NGF do the work we get 50% of the fat ...fine by me...then you of course have the Heap leach

    -the 2.3mtpa is a sizable plant
    -est low AISC $900-$1000oz AUD
    + long life 20yrs+
    -Capex low

    this take care of the lower grade ore ..NGF the higher grades

    A very clear path to profitable producer ....so very few make it ..I think PXG will and the present will be seen as just a hiccup .....well I hope it is anyway DYOR
    Last edited by Sharetrader78: 17/04/15
  2. 1,839 Posts.
    lightbulb Created with Sketch. 6
    maybe 7.2c is its true valuation... Hopefully we will have some good news shortly.. Otherwise it will go down further next week because ppl get panic and sell whatever they can get
 
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.