PRU 1.57% $2.58 perseus mining limited

Ann: Perseus Updates Sissingue Life of Mine Plan, page-2

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  1. 12,006 Posts.
    lightbulb Created with Sketch. 6774
    Not amazing, but then... when the mine was supposed to be almost exhausted, its a good outcome.
    Another 4 years minium, with which gives them some breathing room to find more ounces.
    So basically, 75k for FY2023 then a bit lower, then higher etc.

    https://hotcopper.com.au/data/attachments/4210/4210279-9e3fc0603e6ea9d8fcb6446e185d4991.jpg

    The main dissapointment is the rise in AISC, though... as the ore needs to be trucked so far, plus lots of stripping, its about right for a smallish plant.
    Does give PRU a solid 500k p.a from all operations until at least FY2026.
    Market probably view it as neutral?
 
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