Well played by management! Increased offer price from 55c to 57.5c; increased acceptances from OreCorp shareholders; and got Intention Statements off 2 major shareholders.
Should the PRU offer succeed, it will be interesting to see what they can do over the next 18 months in terms of mine development. AISC at the Nyanzaga Gold Project is estimated to be US$954/oz at USD gold price of $1,750. Current USD gold price is $2,155 approx., so a current AISC of say USD$1,000 approx.
The below table is from the 22 August 2022 DFS announcement.
Well played by management! Increased offer price from 55c to...
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Last
$2.22 |
Change
-0.010(0.45%) |
Mkt cap ! $3.049B | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.25 | $2.20 | $6.067M | 2.723M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13573 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 8655 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.22 |
Change
-0.010 ( 0.35 %) |
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| Open | High | Low | Volume | ||
| $2.24 | $2.25 | $2.21 | 973013 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PRU (ASX) Chart |