Cash is difficult …. demobilisation and contractual adjustments for Hampton Mining contract closure ?? possible accelerated payments of creditors due to increased cashflow.
Bullish case thou, PNR did guide 45.3 koz on the 16th Feb and then 50 koz in the Half year report for H2 so could surprise … seems a bit ambitious with contractor changes and with in-pit Scotia underground preparations in the mix.
I just can’t stop thinking about the loan potentially being cleared in just a few quarters.
PNR Price at posting:
8.1¢ Sentiment: None Disclosure: Held
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