PNR pantoro gold limited

Ann: Production at Norseman Increasing, page-9

  1. 3,932 Posts.
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    The 4000oz was spread into October.

    “Stoping of the 253 level at Star of Erin in the current quarter will bring forward >4,000 oz of gold production during August, September and October”

    I believe the cash burn will be more as the costs are now consolidated rather than attributed 50% in the FY 23 qtrs … the working capital won’t be attributable again as their now consolidated ? but the stamp duty payment will be floating around somewhere in the short term … in saying that the surface infrastructure ( raise bores, ventilation ) was completed last qtr so capital spend may be less a lot less, and stripping ratios are reducing rapidly, less waste, less drill metres, less blasting emulsions.

    I have thought about the costs a lot but really is a guessing game with Halls Creek C&M, the merger and the ramp up. Another qtr should a lot of these sideline costs wash out.
    Last edited by wassa: 05/10/23
 
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