Hey Spec
Yea you might be right. Not as advanced, and a low grade proposition, but definitely a big factor in the purchase you'd think.
Be interesting to see if PRU can buy more off market at VWAP (if they choose tp go through with a bid). I assume they'll have to pay up for the remaining %. Be surprised if anything under 70-75c would get up ?
If you're looking for an Africa based junior I think they've chosen pretty well. Will give them an option to go after Montage down the road too, which definitely has more synergy with their other operations and lots of exploration upside. They are reporting high grade, shallow oxide hits around Kone which would help economics no end. Orca is listed as 'parent company' so perhaps Montage spun out of Orca in 2019 ? haven't looked into it too much.
Ann: Perseus to Acquire 15% in Orca Gold, page-4
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Last
$2.57 |
Change
0.025(0.98%) |
Mkt cap ! $3.550B | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.61 | $2.53 | $6.674M | 2.599M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 74 | 73018 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 65165 | 27 |
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| Last trade - 15.38pm 09/10/2024 (20 minute delay) ? |
| PRU (ASX) Chart |