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1.42%

$2.50 perseus mining limited

Yeah i dont understand why people are asserting theyre buying it...

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chuckbass

303 Posts.

46

02/02/24

14:07

Post #: 72206185
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Originally posted by binwood: ↑

I think old mate has me blocked but for the sake of this conversation the current bid is nowhere near 1x NAV (unless he is using some really weird definition).

At current spot of $2,050 NPV5 (yeah yeah using a discount of 5 is a whole other conversation) then NAV is ~US$980m or A$1.5bn vs current offer of circa A$300m. Even if you change discount rate to 10 instead of 5 they are paying a lot less than NAV. Given PRU can probably internally fund 10 might not be too far off their WACC.

If you think gold goes higher by the time this is built this chart gives you an idea of the leverage it offers. With AISC of US$950 even in an inflationary environment they should be able to maintain margins.

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Yeah i dont understand why people are asserting theyre buying it at 1.0x NAV... bizarre

PRU Price at posting: $1.83 Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last $2.50		Change 0.035(1.42%)		Mkt cap ! $3.427B

Open	High	Low	Value	Volume
$2.46	$2.51	$2.45	$2.950M	1.185M

Buyers (Bids)

No.	Vol.	Price($)
43	90443	$2.49

Sellers (Offers)

Price($)	Vol.	No.
$2.50	182185	53

View Market Depth

No.	Vol.	Price($)
42	88844	2.490
16	44230	2.480
15	91712	2.470
15	76186	2.460
9	33144	2.450

Price($)	Vol.	No.
2.500	176001	51
2.510	98844	21
2.520	102281	18
2.530	125344	14
2.540	39476	7

Last trade - 11.44am 22/05/2024 (20 minute delay)


Last $2.49			Change 0.035 ( 1.01 %)
Open	High		Low	Volume
$2.46	$2.51		$2.46	356505
Last updated 12.04pm 22/05/2024 ?

PRU (ASX) Chart

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