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).
Ann: Perseus acquires 15.03% interest in Orecorp, page-6
Add PRU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.53 |
Change
0.060(2.43%) |
Mkt cap ! $3.481B | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.54 | $2.50 | $19.29M | 7.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12593 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 47166 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PRU (ASX) Chart |