PRN 0.00% $1.08 perenti limited

24 August 2021 - Perenti will report full year audited financial results, page-71

  1. 3,611 Posts.
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    Cheers.

    AGG announced on 29/10/2018 that AUMS (PRN sub) and Ghanian owned Rocksure, were awarded $375m project over 5 years. AUMS has 70% of JV. I could not find a mention if it is Australian dollars but I assume so.

    Thinking about $50m pa to PRN revenue. The mine has been off line since May and expected to be for this calendar year. I do hope that the market has factored this in already for tomorrow. You would think that it would be material for a company of this size. It was when AGG updated the market that the mine was still offline that PRN ceased its attempt at $1.

    We shall see.

    IMHO DYOR
 
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