PRX 0.00% 0.2¢ prodigy gold nl

future of abu., page-102

  1. 517 Posts.
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    It's a shame 2014 will be another year of drill results rather than production numbers. I would have rather ABU hedged 30,000 ounces of gold at $1500 instead of opting for the capital raising and put the highest grade ore through the gravity plant. That would add 24 mil to the balance sheet ( est $700 max all in cost) instead of shafting us plebs through dilution. What have the team been doing since the trial finished? More than ever I feel ABU are heavily reliant on current gold prices which is not good
 
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