Well JP did state they would be cash-flow positive next Qtr so sub 1600oz AUD min more likely from my guess $1200-$1300oz AUD....Is really early days into the mining of the ore can't expect them to straight away be on the higher grade ore
I really think PXG holders have thrown the baby out with the bathwater here >> 11c low now 20-30% off recent highs ....have they forgot NGF/Zijin took a major strategic stake only months ago without any contact with PXG mgmt or contact from major Holder selling ....I'm sure they will be adding to the selling pressure of late ....
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- Ann: Quarterly Activities Report December 2014
Ann: Quarterly Activities Report December 2014, page-14
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