PRU 2.43% $2.53 perseus mining limited

Ann: December Quarter Report, page-6

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  1. 12,139 Posts.
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    Great result, with only Edikan under-performing (but better than last quarter). They clearly state that Dec was actually seeing good improvement with grade for Edikan, and this is hoped to continue. Cash generation is excellent. Net cash of US $165m and growing.
    Yaoure is humming with an AISC of just $700 USD! That is about as good as it gets for an open pit.
    No mention of huge cost pressures that face West Australian producers etc.
    Just a good read, with lots of work ongoing at all operations.
    ESG is a big focus, and of course... there are other challenges PRU is trying to manage like security, stakeholder interests around the operations etc. Well done to all PRU employees etc.
 
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