Hi Nordesmic and all,
I am amazed that PRU has held up so well since the US election in the face of falling gold prices.
This announcement was simply terrible and again I am amazed that the SP has not immediately cratered in a similar fashion to what TRY did today on their news.
If we are indeed going to retest a possible double bottom low of US$1,050 (and maybe lower) then I simply can't see how PRU is viable given their continued poor operational execution in their producing mine, their development mine and in retaining their optionality assets.
In this market climate gold miners need to achieve operational and strategic excellent to remain viable.
It is getting to the point where Board and Management changes need to be made otherwise PRU will become a casualty IMO.
Cheers
John
Ann: Activities Update, page-3
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Last
$2.73 |
Change
0.090(3.41%) |
Mkt cap ! $3.750B | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.75 | $2.70 | $17.12M | 6.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11100 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.73 | 154758 | 7 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |