PRX 0.00% 0.2¢ prodigy gold nl

q report out, page-10

  1. 2,664 Posts.
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    So to state the bleeding obvious, the two big things in the next six months are:

    getting the mining licence
    upgrading the plant to 100koz.

    While you can never be certain, it's hard to see how the ML could not be awarded. One of the free benefits of the cheap processing surely must be that it's more environmentally friendly than your typical gold mine.

    As for the plant upgrade, well trial mining's been a bit slow but at least the whole process is within the company's control... apart from rain.

    So if they can keep to their cost-per-ounce promise, even with gold's shenanigans, then price will do very nicely.
 
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