PRU 3.09% $2.51 perseus mining limited

Ann: June Quarter Report, page-12

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  1. 12,121 Posts.
    lightbulb Created with Sketch. 6931
    Ok.
    So, Yauore is outperforming...
    https://hotcopper.com.au/data/attachments/3382/3382300-1330cd3b67c82089890014691b7346f7.jpg

    Whilst I realise they would have been quite conservative with their initial guidance, rarely do even the conservative numbers ever get hit...
    Big win for the team on the ground.

    Their ability to navigate the power issues is truly impressive.

    https://hotcopper.com.au/data/attachments/3382/3382305-00dcf360834f632dfcbfff961e462b80.jpg

    Though without doubt, this will have added to costs in the near term, it's now built, paid for and ensures uninterrupted power.
    Not at all surprised they are already looking at a solar solution.

    Then you have the dirt itself.

    https://hotcopper.com.au/data/attachments/3382/3382322-bb7814ba2da06f12bcfbddb923f4eea4.jpg

    20% more ounces is quite an improvement, plus slightly higher grades. Bodes well for the upcoming update to the mine plan.

    https://hotcopper.com.au/data/attachments/3382/3382335-81695d6d6aeed007cca71aa1fd6a97d2.jpg
    https://hotcopper.com.au/data/attachments/3382/3382339-903372637fca8ca6e9a7ba9639282555.jpg

    Though PRU is careful to ensure expectations are not overtly high, as they are seeing operating costs increase. The challenges of a pandemic.

    Sissingue performed well considering they are mining a lower grade section.
    Bagoe news coming soon..

    https://hotcopper.com.au/data/attachments/3382/3382366-4baa3016f2629cb88d65b5abf24cec53.jpg
    https://hotcopper.com.au/data/attachments/3382/3382377-0ab13e2218fccaea9bc1e5551bea4112.jpg

    Nice to have confirmation that Sissingue is going to be able to producer for a minimum of another 3 years, before any further exploration/infill extensions etc.

    Edikan...
    well, it was steady, which all things considered, is a win.

    Anyway,
    lots of news to come...

    https://hotcopper.com.au/data/attachments/3382/3382397-5af11af64428a9b21a4cb7d2e495817b.jpg
 
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