Pantoro Limited (ASX:PNR) Managing Director, Paul Cmrlec, talks about the company's success at its Nicolsons mine, its new production and its exploration program.Key points: - Production increased every quarter since commencement of operations.
- Growth achieved without additional equity issues.
- Growth achieved without sourcing additional equity and with excellent safety record – 1 LTI since Mar 16.
- Strongly profitable operation with no debt and growing cash position.
- Operating at 240,000 tpa and approximately 55,000 Oz pa. Expansion to 80 – 100KOz pa is well underway.
- Consistent rapid growth of Mineral Resource and Ore Reserve set to continue.
- New acquisitions consolidating known goldfields in the Kimberley Region.
For more, watch the Managing Director, Paul Cmrlec present.