Although cash costs are always nice to see - I suspect they wouldn't look great and tbh they're relatively irrelevant - PNR is in ramp up mode and so the bigger issue is do they have the capital runway to get up to steady state - which they do - particularly as strip ratio's drop in the pit which accounted for the largest tonnage in the last quarter. If they had $10m cash and gold was at $2500AUD I'd be calling a cap raise.... I can't see one coming.
There will be a lot of reshuffling of portfolio's in the next Q as golds rally, all the money that is currently in this is underwater, and I suspect the smart money will hold tight knowing there will be a re-rate.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9
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Last
$3.01 |
Change
0.050(1.69%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.03 | $2.89 | $3.280M | 1.102M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 17281 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 53697 | 19 |
View Market Depth
| Last trade - 14.33pm 15/07/2025 (20 minute delay) ? |
| PNR (ASX) Chart |