PRX 0.00% 0.3¢ prodigy gold nl

anyone expecting news today?, page-56

  1. 12,605 Posts.
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    don't think so.

    a few worrying thoughts:

    Looks like Republican firebrands are taking US to the brink and the signs are set that the US will default on debt for at least a short period.

    Despite continued money printing (and no end in sight if one cares to be realistic) - POG not recovering

    Last update form ABU was not that brilliant

    No news on first gold pour - that should warrant a release !!

    and the graph that pandelis posted - down from 22 mill cash balance in 2012 to 5 mill with 2.4 mill in liabilities.

    All of the above not conductive to SP increase - assuming 4000oz being recoverd at 1380 AUD= 5.5 mill - minus operating costs

    So still a big gap to the 22 mill held a year ago
 
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