OTCPK:PGMFF - Post by User
Comment by
Megamisteron Nov 02, 2021 10:25am
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Post# 34076909
RE:RE:RE:New Taylor Dart Article
RE:RE:RE:New Taylor Dart ArticleGoldlocator,
If not mistaken, I believe PGM's guidance of 27,000 to 32,000 ozs of gold production was (is) for the 2nd half of 2021 and not for the full year.
That being said, they claim to have produced 9,260 ozs in Q3, meaning that they will need to produce 17,380 ozs in Q4 (Oct/Nov/Dec) to reach the 27,000 ozs threshold for their H2 guidance for 2021.
Don't see this (17,380 ozs of production for Q4) happening at all.
Just want PGM to start paying it's bills (manage it's finances) from it's production results (true commercialization) rather than repeatedly borrow money or dilute shares to fund operations.