Again, PGI is proving that unlike years before, they are providing the market with news... of course, it probably makes it a lot easier when its good news! ha.
That would put PGIs forecast (yes, for its still just a forecast, but... every quarter is doing better) annual production at above 48k ounces.
Every ounce they are producing that is not going into the hedge is selling at almost $230 more in USD.
Recoveries above 50% is an excellent outcome.
Now its all about refinancing the debt. I have no doubt CAMIF are playing hard ball, but then I am hopeful that the huge jump in the POG is giving PGI some bargaining power too.
Ann: Gold Production at Las Lagunas Continues to Improve-PGI.AX, page-2
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