PRU 1.57% $2.58 perseus mining limited

on its way to 2 dollars. is the run starting., page-12

  1. 8,839 Posts.
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    500m cap with 10m ounces!

    Let's get serious shall we smm?

    If PRU gets to 10m ounces in the ground she'll have (or should have) a MC closer to USD$2 billion. Possibly more dependent on the upside from there......

    The secret is to 'avoid' the takeover until the market places a more appropriate value on the company. Given the major shareholders ie Macquarie, CIG, directors this appears likely in any event.

    Personally, i would prefer a TSX listing well ahead of a spin off of the Kyrgyz Republic assets......

    The Bolnisi model worked exceptionally well in terms of getting full value for the Mexican assets (well at least until CDE entered the picture!)
 
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