PRX 0.00% 0.3¢ prodigy gold nl

why abu, page-20

  1. 13,807 Posts.
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    ""Yes you can have one, but I will expect the same when we see 10c and higher next year as we approach production".

    Is ABU approaching production yet?
    Someone was adamant about the price approaching production?"



    That someone quite obviously had that price target based on a higher gold price as production was being approached.
    I almost always post assumptions on costs, grades, recoveries and POG when giving my price targets.
    That makes it dead obvious I would not have expected 10c at this gold price.
    I'm sure you know that as you have responded to plenty of those posts, but as usual another very constructive post from you.

    Thanks.




 
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