like TRY, DCN and RED (twice now) if it can go wrong it has gone wrong for PNR Ramp-up issues identified and addressed – processing plant approaching name-plate capacity - 9 months behind schedule.
1 Mtpa plant with 46.4 Mt @ 3.2g/t for 4.8 million ounces gold - 110kOzpa
Is expected to reach name plate production rates by the end of the current financial year, with this 110kOz planned for FY 2024 & AISC of A$1,800 - $2,000/oz
Post Cap raising will have:
Total Debt A$55m, Cash A$59m - so A$4m cash
4704m SOI - huge number
At least $200m tax losses
So FY24 - best case is say A$2800 - look at 110kOz*900/4700 = 99m/4704m = A 2.1cps
- again around 3 to 1uncertain of non-sus CAPEX (eg not included in AISC) , say a 6:1 P/E look at 12c per share
On the side has a Li resource that MRL are drilling out - this is also next to LTR &
UG mine in Pilbera that is approaching end of life.
Tech analysis look good
- Forums
- ASX - By Stock
- Ann: Becoming a substantial holder from MUFG
like TRY, DCN and RED (twice now) if it can go wrong it has gone...
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNR (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.0¢ |
Change
0.001(1.12%) |
Mkt cap ! $567.7M |
Open | High | Low | Value | Volume |
8.9¢ | 9.3¢ | 8.8¢ | $1.348M | 14.85M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 106373 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 1423702 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 106373 | 0.089 |
6 | 718092 | 0.088 |
5 | 1407996 | 0.087 |
5 | 75035 | 0.086 |
3 | 139199 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 1423702 | 3 |
0.091 | 143923 | 2 |
0.092 | 80554 | 1 |
0.093 | 1327862 | 5 |
0.094 | 2563637 | 9 |
Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
Last
9.0¢ |
  |
Change
0.001 ( 1.47 %) |
|||
Open | High | Low | Volume | ||
8.9¢ | 9.3¢ | 8.9¢ | 3341058 | ||
Last updated 15.59pm 29/05/2024 ? |
Featured News
PNR (ASX) Chart |