PXG phoenix gold limited
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capital raising, page-5

  1. ROSCO_P
    1,504 Posts.
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    18/10/12
    19:12
    Post #: 10880126
    The last cash balance reported wasn't much more than $1 million.

    A cap raising had to be on the cards unless they were going to slow things down dramatically, and with such a good project why would you go slow.

    Cheers

    Rosco
    PXG Price at posting: 33.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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