Hi Speculator,
with the gold price at 1200 USD/oz PGI should approximately make a margin of 500$ on the gold produced. Within 4 weeks the bottom line has improved by 1.2m USD / quarter which equates to 4.8m USD or 6.8m AUD/ year.
Difficult to understand why we are languishing in this price range considering gold's outperformance.
Anyway, the current gold price should make any start up plans for a new plant in china more viable and help with the current negotiations regarding a refinancing.
If somebody took out the 200k shares at 7c the next stop would be 12 c/share.
Ann: Quarterly Report to 31 December 2015, page-16
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Last
0.4¢ |
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Mkt cap ! $5.114M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $19.12K | 6.266M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 52096822 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 20905065 | 23 |
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