PRU 3.25% $2.38 perseus mining limited

Cheers for that Cream.Akyem is an interesting asset. HUGE...

  1. 11,721 Posts.
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    Cheers for that Cream.
    Akyem is an interesting asset. HUGE plant... been producing for 11 years, but... does seem to have perhaps 3-4 years of production though... this seems to imply that they are likely to extend the mine life?

    https://hotcopper.com.au/data/attachments/5983/5983385-943cbe4cdc449ac5938973ccbaad6d06.jpg

    https://hotcopper.com.au/data/attachments/5983/5983388-ced123d084d3a05d7c24fb8096c900c4.jpg

    Perhaps this is what PRU has been saving up it's pile of cash for...
    Would push PRU towards 800k+ p.a producer, but... it would push their all in costs a bit higher....
    But... on the other hand, so many producers right now are hoarding cash, but not buying anything.
    Just such a different situation to 15 years ago.
 
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