daytrading june 4 morning, page-73

PNE, let me get this right....

They are processing currently roughly 9,000 tonnes a month, at 0.3-0.5 grams a tonne. Thats ~4.5kg of gold a month, or about ~200k @ 1400oz, PNE gets 25% currently. The new plants about little over ~2x better right? and free same deal almost as the current project except 50% and a high amount processed.

SO lets assume they now make 600k a month with the new plant running at the same time, and they split it 50%, PNE now makes ~300k a month, but pays virtually nothing for the extra 200k-250k.

How is this not higher then 300%? Sounds to me they are going to have money to spend, new projects coming imo.

http://www.asx.com.au/asxpdf/20130313/pdf/42dmntq809l2qp.pdf
http://www.asx.com.au/asxpdf/20130604/pdf/42g8w6p5y3kj89.pdf

DYOR