AAU 0.00% 0.3¢ antilles gold limited

capital raise?, page-26

  1. 2,647 Posts.
    I beg to differ goldie, I recon the shares wouldn't be anywhere near 10 cents. They would more likely be near 2 cents or below as production won't meet guidance, just has it has done in the past. This isn't a easily fix, there will be more teething problems with the plant and production schedule, that's only natural. If the problems where fixed you would get definite numbers like - running at 50% capacity and 83% gold recovery. etc. Not the plant throughput is improving all the time crap. How much is it improving?
    What are you trying to hide?

    I'm pretty confident in saying we will never see 10 cents again, pgi has only a five yr mine, with a npv of only 100m. That's best case, with a falling gold price that npv will be further reduced. At 4 cents the market cap is 35m way to high for a small gold producer with limited life. I'm also confident in saying no ones going to take up processing of ore by pgi. Pie in the sky stuff. Name the companies that are interested then?
 
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