PRU 3.29% $2.50 perseus mining limited

Ann: Initial Resource and Reserve for Yaoure Gold Project, page-22

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Looks to me that a good decision has been made.
    Maybe a forced decision.

    A smaller plant for longer mine life.
    Initial cost of start up was over $400 million.
    I couldnt see them funding without capital raising
    and borrowing.

    Now.
    At least it could be possible with production
    and some borrowing to get this one into production.

    I for one feel much happier
    Getting a smaller operation up and running.

    Cheers
 
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