PRU 3.43% $2.41 perseus mining limited

share capital raising required next 6 months, page-3

  1. 8,838 Posts.
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    I must add why bother posting such uninformed statements (and adding a "ST sell" rec when you are not and presumably never have been a shareholder?

    You also would appear to know little about the financing mechanics of quality mining projects and the debt/equity requirements of such projects.

    Suggesting they would need to raise the entire capital cost as equity....? c'mon! In the next 6 months when they are still drilling and completing a definitive feasibility study!? Almost bizarre.....

    There aren't many projects about that, for example, provide such a rapid payback (of capital) as Ayanfuri (and let's see what the scoping numbers show for Sissingue - hopefully this week).

    All very odd comments and imo, not a big wrap for one's credibility.
 
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