Um... the gold price is UP UP UP.
Cmon, even PGI should be able to garner a little interest.
I think PAUL100 might have said it a while back, PGI should hedge a heap of their forward production, perhaps 50% at current spot USD prices. i.e $1300. The debt would be paid off damn fast, a second plant could be up in China in no time, perhaps even a plant other than DR or China too.
Nice to see the Silver price up too.
Will have to hunt around to see just how much of a difference the current gold price has on PGI NPV.
PGI, page-26
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