reginaldp, great point about the interview with the PRU MD Mark Calderwood!
Basically he said:
1) PRU are looking for a third project to start construction in 2013, and they will either find it themselves or acquire it.
2) He then links straight into their criteria for acquisitions saying, 'geology is their pure criteria.'
3) He then talks about PRU's acquisitions of which there have only been two, BYR and a PRU spinoff company.
4) He explicitly says 'everyone is waiting for BYR's drilling results.' And 'BYR has some exciting exploration projects.'
Read between the lines guys! :)
Well worth a look, the juicy bits outlined above start at 15min 30secs:
http://www.brr.com.au/event/78715/perseus-paydirt-presentation-mark-calderwood-managing-director?popup=true&wl=176
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