PRU 2.75% $2.62 perseus mining limited

Ann: Initial Resource and Reserve for Yaoure Gold Project, page-9

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  1. 950 Posts.
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    All I can say is the Yaoure project is too hard for the time being.
    I see no chance of getting financed under current market conditions and current gold price.
    When and If the gold price goes to USD 1500-1600, financing talks can resume.
    So this project will go to sleep for quite some time.

    By the way, PRU share price reflects zero value for the Yaoure project anyway.

    Management better start focusing more on Edikan and Sisingue, and try to make profit out of it.
 
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