PRU 5.18% $2.64 perseus mining limited

sp will rocket up 10-25% over the coming days!, page-31

  1. 1,387 Posts.
    fair comments on the hedge,

    and so you need to look at the big picture, where will gold be when their hedge is not protecting that 58% of sales,

    i think of it, as a sort of short term imunity on a fundemental basis, but the market will be reacting to the POG and the underlying business cost/ profits.

    Maybe it comes down to, they are on the expensive side of production.

 
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