PNR 2.08% 11.8¢ pantoro limited

Ann: Annual Mineral Resource and Ore Reserve Statement, page-3

  1. 11,925 Posts.
    lightbulb Created with Sketch. 6606
    This bodes well.

    https://hotcopper.com.au/data/attachments/5617/5617430-2e04284da92e5f60a209c88b5f7e2d4a.jpg

    PNR currently have 10 years of reserves... after recent depletion and have basically not drilled anything other than the current deposits, nor did TUL when it sat on the asset for over a a decade. Hopefully they can extend Star of Erin, as even with the dilution, the grades are going to enable the company to make good margins.

    2022 reserves...
    https://hotcopper.com.au/data/attachments/5617/5617452-886508bf2cfc1cfd00399297e0027d38.jpg
    2023 reserves...
    https://hotcopper.com.au/data/attachments/5617/5617457-576315a9484533923e8bbe1c0669c8ef.jpg

    Good luck to all holders.... especially the LT holders...
 
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