PRX 20.0% 0.3¢ prodigy gold nl

A golden opportunity?, page-181

  1. 646 Posts.
    FACT: As of the last relevant market update ABM stated AISC of between $750-$870

    FACT: As of the last quarterly ABM is forecasting expenses of ~$15m with no further explanation/breakdown.

    FACT: ABM states forecast production guidance of 50-60 oz per year (12.5 - 15k oz per qrt)

    Oz required to achieve stated AISC of:

    $750 = 20,000 oz/qrt
    $870 = 17,240 oz/qrt

    Based on the above, as of today, it is hard to make any other conclusion other than ABM are knowingly misleading the market or are totally oblivious to their own reporting mistakes.

    Friendly phone calls of reassurance cannot change the above.
 
watchlist Created with Sketch. Add PRX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.