PXG 0.00% 15.0¢ phoenix gold limited

"I am 100% certain that QE3 will be announced." Gees Nathan21,...

  1. 496 Posts.
    "I am 100% certain that QE3 will be announced." Gees Nathan21, that is a big statement to make.

    All this curiosity about the stalling SP - did anyone actually read the Paterson's report?

    "Financial: With available cash running low it is likely PXG will need to access markets for
    finance. In the current environment there can be no assurances that this capital will be
    available at a reasonable cost which could see dilution issues in the future."

    I have mentioned the likelihood of a capital raising on a previous post. Naturally, it was dimissed by the cheer squad.

 
watchlist Created with Sketch. Add PXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.