PRU 2.67% $2.69 perseus mining limited

JQ his usual calm and collected self on the conference call. A...

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    JQ his usual calm and collected self on the conference call. A lot to like here:

    Bullion and cash on hand USD$156 million
    Debt USD$100 million ($30 million less than last quarter)
    USD$56 million positive cash position (after accounting for debt)
    Costs up a bit
    By end of 2021 calendar year forecast to produce 416k-446k ounces
    Still on track to deliver over 500k ounces FY2022
    Only a few drilling results released, but JQ says much more to come
    Exploration licence finally granted for Fimbiasso deposit

    If gold can hold above USD$1800 (in face of rising USD) then PRU should do well into end of year. When you're cash positive after debt, everything to come is gravy. GLTAH.
    Last edited by hboy: 21/07/21
 
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