Pantoro debt free and growing

UNHERALDED gold miner Pantoro is now debt-free after employing a textbook junior company strategy over the past few years that sees it on the verge of becoming a 80,000-100,000 ounce per annum producer generating strong cashflows.

Pantoro debt free and growing Pantoro debt free and growing Pantoro debt free and growing Pantoro debt free and growing Pantoro debt free and growing

Debt free Pantoro is looking for its golden era to continue.

Pantoro has repaid all debt to Commonwealth Bank, while hedging 38,000 ounces at A$1724 per ounce (at a rate of about 2000oz per month till October 2019), in order to underwrite operating costs.

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