Could also be looking at PDI. However their deposit is not...

Could also be looking at PDI. However their deposit is not really development ready yet. A little more time (giving PRU time to get more cash too) and it will be. ORR deposit looks great too. That deposit could be a money printer at the higher gold price. Development ready.

So many potentials over in Africa but not many development ready. MKG, GMR are two which have big potential going forward, both with MREs (PRU has holding in MKG I believe), however I would prefer PRU just get a development ready company and just keep the cash generation going.

I like the idea of WAF, but can’t see it happening. A acquisition in Burkina Faso at this stage is not the best use of cash. Would also have to bid much higher than WAFs current price I imagine.

TIE is a definite possibility. On paper it looks like a good deposit. But needs to be derisked still. I can’t see it being sold to PRU either given the large Chinese holders.

Slim picking on first thoughts. However PRU would be well advanced in looking at other deposits to acquire. I’m intrigued but sure they will get the right deposit.