A forecast is a forecast. Given that they are yet to report a cash cost their forecast is all we can go on. MQ could still be described as a transition quarter but from JQ onwards the reported operating costs are likely to be indicative. These guys have been in defence for the past 2 years, it will be good to see them on the offenders. I am hoping that they really start upping their drill programme, 4.7Moz of resources for 100kozpa production is out of whack. They should be at least 250kozpa in 2-3 years if they are any good
PNR Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
