Hmmm.. very strong, perhaps, but.. the upfront capex is huge.
Potentially why PRU is not wanting to own it all (still cannot discount a full bid, but... just seems different to PRUs earlier corporate actions), after their foray into Sudan has met such a frustrating outcome (perhaps they will try and J/V that too over time?). Sure, POG could go to the moon, but the market is not interested in that. They will look at what things are right now.
@CreamOn - Silvercorp is unlikely to be able to match PRU if a bidding war erupts, which is perhaps partially why the share price has fallen?
It's an interesting move, especially when I still feel PRU is going to go after a current producer. So this sort of move is... almost like a slight of hand to take peoples attention away from the main game.
Country risk seems to be becoming a real issue (it always has been, but... it's directly affecting all actors looking to make deals).
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Last
$2.34 |
Change
-0.020(0.85%) |
Mkt cap ! $3.220B |
Open | High | Low | Value | Volume |
$2.40 | $2.41 | $2.32 | $12.65M | 5.396M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 52890 | $2.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.35 | 99964 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 51597 | 2.320 |
6 | 97795 | 2.310 |
7 | 83321 | 2.300 |
5 | 53810 | 2.290 |
3 | 61498 | 2.280 |
Price($) | Vol. | No. |
---|---|---|
2.350 | 99964 | 5 |
2.360 | 37298 | 2 |
2.370 | 8131 | 1 |
2.380 | 8131 | 1 |
2.390 | 9482 | 3 |
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