PRU 1.57% $2.58 perseus mining limited

Ann: June Quarterly Activities Report, page-57

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  1. 123 Posts.
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    I find it amazing that some even dream about PRU paying dividends!
    That´s the last thing I expect from management. I focus on the exploration when reading the quartely Reports because mining (AISC, grades, etc) that´s what is their daily business and PRU staff knows how to deal with drawbacks. I´m quite happy with them.

    POG definitely helps a lot but one should still bear in mind: Initial Sissingue LOM was 5 1/4 years hence latest 2023 it would come to an end. That´s why I´m positive about the Exore deal. Zanikan exploration did not bring expected mineralisation and of from the government for the licensing of Fimbiasso was expected for the June and is shifted to September quarter, cumbersome. At least Tiana results really sound very promising.
    The same for Edikan: They developed a clear plan how to extend LOM + promising drilling results.

    PRU (like any other miner) needs to invest into the future otherwise we only would have to 2 sites in 2023 (Sisiingue LOM) and AISC would go up significantly.
 
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