PRX 0.00% 0.2¢ prodigy gold nl

Hi all. Long time reader and long time holder. - First time...

  1. 4 Posts.
    Hi all.
    Long time reader and long time holder. - First time posting here so bear with me.
    Thought I would put in a table I put together. Let me know what you think. I will continue to add to it as the announcements progress.
    Much like everyone on this forum I feel I have spent far too many hours reading the latest quarterly trying to figure out where the numbers all come from and why mine don’t add up. So feel free to correct me on anything in the table.
    Would love for Salt to have a look and let me know what you think.

    The table is a running tally of what they are claiming. My biggest issue is how the quarterly has 9.7Mil coming in and I can’t for the life of me figure out where that number comes from.

    I do like the fact that we are actually processing at 420T/day (see 3rd line of table) – target average of 410T/day to meet 150000 Tonnes/yr
    Which I do admit may be luck, based on timing for the 30 day period. (May have been between 7 and 14 off days in a 30 day period depending on timing)

    Based on all this if we maintain current processing and the recent grade of 8g/tonne (see line 3):
    Next quarter will be as follows. (and remember feel free to correct any numbers.....)

    We are currently at 150000T/yr =37500 in a quarter
    37500 x 8g/T = 300,000g
    300,000g / 31g/T = 9677 ounces produced
    9677 ounces x $1586 per ounce = $15.3mil
    That is good money coming in.

    BUT with the expected cash outflow.....the AISC will be huge???

    AND now I’m lost again......
    Anyway some may find the table useful.
    upload_2015-10-24_22-3-14.png
 
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