PNX 0.00% 0.5¢ pnx metals limited

Ann: KIN: Corporate Update, page-35

  1. 1,765 Posts.
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    Yes instead of staying on course with gold mining and getting some benefit from the current up cycle we have become a uranium explorer.

    With ESG approval and mine plan approval a formality we should be locking in finance easily with current gold prices way above PFS and a doubling of gold resource since then more than outweighing a rise in costs.

    Be a very different SP if we were announcing FID to build and be mining in 12 months and there's no reason not to be.
 
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