PXG 0.00% 15.0¢ phoenix gold limited

roughie comparo

  1. 24,192 Posts.
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    So to do a roughie comparison lets compare PXG to a company with a similar size JORC Au resource such as AZM (Azimah)

    (Note: all Jorc in Mills Tonnes)







































































    PXR AZM
    Inferred: 12.93 @ 1.7g/t 8.5 @ 1.9g/t
    Indicated: 3.89 @ 1.6g/t 9.4 @ 2.1g/t
    Measured None 0.67 @ 2.7g/t
    Total Jorc 17.49 @ 1.7g/t 17.9 @ 2.0g/t
    -
    Contained AU (in oz) 933k oz Au 1,116k oz Au
    -
    Cash (in Mills) AU$5.1 AU$33
    -
    Market Cap - Undiluted Au $10.2m Au $178.8m




    Now granted the AZM resource is more highly rated at Jorc Indicated/Measured and they are further down the path to production but... 17 x the Mcap ?? You have to ask the question....

    All Is IMHO. DYOR to confirm the above.

 
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