Starting "second half of 2012" which could mean end of the year or next week. Well, given paperwork it may take a little while.
No idea of how many dollars per tonne of dirt they're getting. It's about 150000oz gold equivalent, and I have no sense of what's "fair" in deals like this. $10/oz? $100/oz? More experienced observers, your guesses are welcome.
Still, in times like these, cashflow rules. A very pleasant way to end off the fin year for PXG.
PXG Price at posting:
16.9¢ Sentiment: None Disclosure: Held
