Hi Speculator,
with the gold price at 1200 USD/oz PGI should approximately make a margin of 500$ on the gold produced. Within 4 weeks the bottom line has improved by 1.2m USD / quarter which equates to 4.8m USD or 6.8m AUD/ year.
Difficult to understand why we are languishing in this price range considering gold's outperformance.
Anyway, the current gold price should make any start up plans for a new plant in china more viable and help with the current negotiations regarding a refinancing.
If somebody took out the 200k shares at 7c the next stop would be 12 c/share.
Hi Speculator, with the gold price at 1200 USD/oz PGI should...
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Mkt cap ! $5.567M | |||
| Open | High | Low | Value | Volume |
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