PTN 1.85% 5.5¢ patronus resources limited

Ann: CGP Mineral Resources Estimate Increases to 1.23Moz, page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,014 Posts.
    lightbulb Created with Sketch. 195
    Interesting to note that the added 102,000 Oz. Au is all within the "ëxisting" pit shells as defined in the last PFS.
    Therefore the good news is that it maintains CAPEX , reduces production $/oz hence reduces OPEX and also reduces the break even period of the project from start up .

    Is that correct ?

    That in itself makes the latest PFS figures if rejigged a lot more attractive if anyone cares to do the figures.
    Market may not have twigged onto that , either that or it's a tough audience ?
 
watchlist Created with Sketch. Add PTN (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.001(1.85%)
Mkt cap ! $88.41M
Open High Low Value Volume
5.5¢ 5.5¢ 5.5¢ $7.134K 129.7K

Buyers (Bids)

No. Vol. Price($)
2 221300 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 166900 6
View Market Depth
Last trade - 11.43am 11/10/2024 (20 minute delay) ?
PTN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.