PRU 2.82% $2.41 perseus mining limited

Couple of notes:261,577 oz is approximately midpoint on guidance...

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    Couple of notes:
    • 261,577 oz is approximately midpoint on guidance of 252.5 - 272.5 HY
    • AISC: $1023/oz for the quarter and $979 for the HY. - It was flagged last quarter that AISC would increase this quarter in part due to diesel subsidies rolling off, they're still below guidance of $1080-$1190 HY.
    • A little disappointed by the realised gold prices at Edikan and Yaoure, assuming this is due to gold that wasn't shipped in the previous quarter, given that Yaoure sold 7k more ounces than it produced.

    Tidbits
    • Who were the ones screaming to close Sissingue after its loss last quarter?
    • Slightly weaker FOREX than the past two quarters. Something to be mindful of.

    Not a wow quarter, just business as usual.

    $60m in listed securities. Given that Orecorp has a market cap of $265m at 31 Dec or US $180m. This means at 20% holding or US $36m - there is $24m in unaccounted for securities. Have Perseus been buying up elsewhere?
 
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