just wish they hurry up and announce the details if it true..
totally agree.
I guess this debate has turned into the merits of purchasing a mill outright vs toll treatment.
My understanding is that tolling is essentially just turn up with your dirt and lots of cash, and get some gold out at the other end.
If this deal (whatever it is) secures the use of the mill at a more favourable rate, then that is a great long-term thing.
100,000T of ore processed at just $100 less than previous cost, is $10 million saving to PXG.
I'm just worried about the other aspects ie how it will be done. I chose PXG over others like KMC for a reason and I don't want to own any KMC now, whether held through PXG or not.
PXG Price at posting:
19.8¢ Sentiment: LT Buy Disclosure: Held
