PNR 0.58% 8.7¢ pantoro limited

Ann: Month on month production continues to increase, page-6

  1. 465 Posts.
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    Sell side looking pretty thin. This could move back to 4.5c pretty quickly.
    Let's see what Regal do? This is ripe for a short squeeze.
    If we look at the last quarterly production staff and admin comes in at $53m, say $17.6m a month
    6,100 ounce @ $3,100/oz = $18.9m
    So we should be cash flow positive from here on in.
    We still have awhile to go to hit 9,000oz per month - hopefully we're there in 3 months
 
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