They'll churn through their cash once the drills ramp up in September. Perseus won't gamble on a tenement, so will probably be waiting to see any drill results before considering being a strategic partner or acquiring.
Note, I have not followed DM1's past or read much about them, so take above with salt.
Ann: June Quarter Report, page-36
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Last
$2.59 |
Change
0.240(10.2%) |
Mkt cap ! $3.564B | |||
| Open | High | Low | Value | Volume |
| $2.51 | $2.60 | $2.48 | $20.56M | 8.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 280 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.59 | 88930 | 2 |
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| PRU (ASX) Chart |