PRU 0.35% $2.84 perseus mining limited

redback mining mkt cap jumps to over 3.8 bill, page-6

  1. 447 Posts.
    Redback isn't a bad comparison is it. May have slightly better exploration upside, but not that much. Some of the grades at Chirano are slightly better, but not that much.
    $155m in the bank and producing is pretty handy. Wonder where they could park that cash with their M&A strategy? If PRU can deliver on getting into production according to their timetable for both projects, with no start up engineering problems, then we should be looking at a similar market cap at full production, as long as POG stays well supported in the next few years.

    SDG
 
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