PRX 0.00% 0.3¢ prodigy gold nl

Hi PB. My post should have read 1 gr per oz produced not 1 gr...

  1. 1,810 Posts.
    lightbulb Created with Sketch. 539
    Hi PB.
    My post should have read 1 gr per oz produced not 1 gr per tonne.
    Spec said RMS have since updated their haulage costs to be 0.7 per oz. I'm not sure what gold price they were using but if we still use A$1570 that equates to just under $110 per oz. from their Kathleen Valley mine. Using their head grade of 4.2gr per tonne = 7.4 tonnes to produce
    1 oz of gold, so $110 divided by 7.4 = under $15 per tonne.
    ABU state $20 per tonne in haulage costs
    A round trip for RMS is 600 kms , for ABU its 154 kms.
    I was just making the point that RMS haul 4 times as far (imagine the extra fuel costs and time this involves) and yet their haulage costs are still 25% below those of ABU. Irrespective of our location this is significant.
    Cheers Jim.
 
watchlist Created with Sketch. Add PRX (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $6.353M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
29 21820281 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 16031856 19
View Market Depth
Last trade - 16.12pm 25/07/2024 (20 minute delay) ?
PRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.