PRU 1.79% $2.74 perseus mining limited

Ann: Perseus to acquire Exore Resources, page-7

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  1. 654 Posts.
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    So Sissingue currently produces 80kozper annum but is due to run out in 3 years, so acquisition of Exore gives PRU an indicated 90koz to extend production by 1 year (if trucking ore to Sissingue mine). Another 440koz inferred potentially extends life for ~4ish more years (again, if trucking). Buys lots of land to explore also, though PRU has already explored their land around Sissingue and come up empty (Zanikan was a big disappointment). In my opinion, PRU had to something around Sissingue given their own poor drilling results in the immediate area, so this is a necessary step that should bear significantly more fruit than the ~AUD$65 million they're spending (in shares) to get it.
 
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$2.74
Change
-0.050(1.79%)
Mkt cap ! $3.770B
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$2.82 $2.82 $2.73 $10.11M 3.669M

Buyers (Bids)

No. Vol. Price($)
3 62478 $2.73
 

Sellers (Offers)

Price($) Vol. No.
$2.76 29890 2
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