Ann: Half Yearly Report and Accounts, page-50

We will see Joel, I just don't think the Gwalia deal was at all clean one.
With such big ego's, I just don't see it.

@wassa - now that you have opened my eyes to RUC already being onboard, I am slightly confused about the time line being provided by PNR.

In the Feb company presentation -


Am I reading it correctly, portal will be completed in April, with RUC starting works in May? Is that an improvement the timeline, or am I just reading too much into it?

Would also be interesting to now just how much of a change to these figures a $3300 AUD gold price makes.



When I look at Gladstone as the potential next open pit, my thought straight away is, why bother, when it would likely be far more profitable as a pure shallow U/G operation.? It's not far from the mill, but... to be fair, competes with other nearby deposits/resources that have declines already in place!




PNR is a real anomaly, I mean, the MD has basically not presented at conferences at all...

I think it fair to say that PNR does not have strong institutional support. Perhaps that is part of the reason why the board has been able to keep their jobs....



Glad you made it aboard by the way Joel.

For now it seems the producers are still seeing the majority of the share price moves, with the explorers largely lagging (there are exceptions like TCG).