PRU 1.29% $2.35 perseus mining limited

Ann: Perseus acquires 15.03% interest in Orecorp, page-2

  1. 11,732 Posts.
    lightbulb Created with Sketch. 6202
    Well.. I guess PRU finally showed their hand.
    Some wise posters on HC have pondered about PRU and ORR.
    Another project to develop instead of Sudan I guess. Safer jurisdiction...
    The almost $500m in USD to develop this seems... excessive, but clearly PRU see things differently. Perhaps a way to replace Edikan over time.
    Interesting to see what the market thinks of it. I mean, it's not a large acquisition for PRU even if they end up paying $300m AUD.

    https://hotcopper.com.au/data/attachments/5767/5767183-fbba9c18848f01efda30c29670a13f08.jpg
 
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