re: Ann: PMI Announces Interim Order For Merg... Yeah.... that's about the gist of it.
For every rise of $100 per ounce in the POG, our target of 200,000 ounces per yields an additional $20 million in profit. Our extraction costs are sitting in a very economical area, so unless the POG drops to around $700 per ounce we will continue to show a profit.
Remember the POG hit $1920/oz, from memory. If it gets back to that level our revenue INCREASES by $70 million per year.
The metrics are wonderful.... the sentiment is rat shit.
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