PRU 1.68% $2.42 perseus mining limited

is pru a going concern in 2014?

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    PRU setup a comercial project based on 1 gram per tonne, made a 41 cent loss per share last year, yet still have a market cap of 150 million.

    They only had 23 million in the bank at the end of last quarter but they had 109 million in the bank a year prior - so last year they burnt 86 million or 21.5 million per quarter.

    To that end, the cash will be gone at the end of this quarter in ~6 weeeks.

    Is PRU a going concern in 2014 without a significnat jump in POG, a capital raising, or a takeover?
 
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