PXG 0.00% 15.0¢ phoenix gold limited

-if you believe in the main projects.... PXG is so very...

  1. 6,287 Posts.
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    -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
 
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Currently unlisted public company.

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