Forgot to add that in PRUs latest presentation, they highlighted their preferred approach to M&A
" preferred acquisition targets that are at pre-development stage, allowing value creation through deployment of in house teams undertake FEED, development and operations.
" Aim is to identify opportunities consistent with PRU corporate plan of building multi mine, geopolitically diverse asset portfolio, (3-4 sustainable operations, 10+ year mine life, combined ore reserves of 10moz)
Does ORR fit the above narrative as it will average of 234koz per year?
Maybe...
ORR Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
