From www.pngindustrynews.net That was back in September. Read...

From www.pngindustrynews.net
That was back in September. Read last sentence. Bring it on.

Promnitzes, promnitzes ...


“As the news flows in from Mt Kare we will reach a tipping point when people will see that this project will happen and we will see a significant re-rating of the stock.
“At the moment we are trading at about $35 per resource ounce of gold in a market that tends to be paying more like $135 per ounce.”

And Promnitz is confident the company now has the foundation in place that will justify a stronger valuation.

“Often smaller companies are more agile to deliver these more challenging projects because they’ve got the capacity to be flexible and adjust to the outcomes of a feasibility study,” he said.

“We can adjust to suit the parameters of Mt Kare and, while we have set an aggressive timeline to deliver a feasibility study, we are on course to achieve that.”