Ann: Castle Hill joint mining study delivers robust results, page-3

Previous Castle Hill study produced 142,00 ounces of gold. Updated study produces 398,200 ounces for free cash flow of $91.0M at $1,350 per ounce. PXG share is $45.5M over 18 months

BUT current gold price is A$1,582 per ounce for free cash flow of $183.6M . PXG share is $91.8M and they have 2 other projects going into production. EV is around $10 per ounce on the earlier Castle Hill study so valuation could improve very significantly to the upside. Good luck to all longs