Title correction...
There are probably lots of posters here who may have either PIR or PXG or a combo. If you look at the relative comparison between Castle Hill vs Fekola. It's either PXG is extremely undervalued or PIR is overvalued (which I don't think is the case).
I'm only posting this now because coincidently they both reported mining studies today.
PXG
Market Cap:$63 million fully diluted (at 35c)
Mine Life: 5 years (initial but obvious will expand)
Capex: $131 million (AUD)
Ounces per year 131,000
Pre-tax cash margin: $87 million at ($1600 an ounce)
PIR
Market Cap: $598 million fully diluted
Mine Life: 11 years
Capex: $298 million (USD)
Ounces per year 231,000
Pre-tax cash margin: $145 million at ($1300 an ounce)
I know PXG is aiming for a smaller operation than PIR but given PXG also has half the capex of PIR, I'm hoping PXG plays a bit of catchup to PIR (albeit PIR has research companies like Diggers and Drillers covering them).
I have to add BroadDams and an upgrade to Castle Hill may put it on par with the current Fekola project.
DYOR
I own PXG and PIR.
Title correction...There are probably lots of posters here who...
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