The northern Western Australia gold miner is up about 50% since November, as its growth plans and consistent performance have pleased shareholders and attracted new investors.
Evidence of its consistency can be seen in the improved output each quarter for the past two years since production began at Nicolsons in 2015.
Ounces poured over that period have gone from a run-rate of 16,000oz to 55,000oz.
And by the end of the current year it’s expected to reach 80-100,000oz.
No equity has been raised since construction began, and the company expects to be debt free by April.
Pantoro is especially enthused by the exploration potential of the wider Halls Creek region, given its remoteness compared to the gold mining heartland of the Yilgarn means drill rigs hav...