Highly unlikely that the recent BGF Equities (Grigor) led placees are in this story for a short term turn of $280k odd?
They would all be there for the eventual takeout, like Grigor?
Quite possibly CIG again? Time will tell.
Bottom line, between Ayanfuri and Sissingue, PRU is shaping up to produce 300,000 oz + p.a. at a cost of sub $400/oz.
With gold at 900/oz (and hopefully going higher still) that's a fairly decent margin and cashflow generation....per year!
You do the maths.
Ann: Scoping Study - Tengrela Gold Project , page-4
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