Hi all, don't know if anyone saw the article in weekend AFR re...

Hi all, don't know if anyone saw the article in weekend AFR re PXG. It was a story about Gold Road - in summary it said;

GOR will need to raise funds but like other explorers such as PXG, getting creative in their approach. Rather than repeatedly tapping the mkt, are starting small and using high gold price revs to fund explor programs.

PXG has 1.68moz some of it in surface stockpiles, and smack bang in middle of goldfields so plenty of truck-and-treat opetions nearby.

Forecasting about $15.6m in free cash flow at $1500oz gold price at its Catherwood mine, with costs under $900oz. Short mine life but confident the drilling it funds will underpin a 2.5m oz in longer term.

(AFR 3-4 Mar, Blue Sky edited by Luke Forrestal)