PRU 1.29% $2.35 perseus mining limited

For me i am disappointed with the cash burn being that high...

  1. 6,132 Posts.
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    For me i am disappointed with the cash burn being that high especially after the a new mine plan 10days ago with guidance.

    Why didnt they use hedge prices instead of 1190.
    Would of got 57dollars per oz more x 37,000 2.1usd/3m AUD

    We need to conserve cash... and GOLD is going higher, those hedges will be a drag on PRU if Gold is 1400 by end of 2016

    Long term okay- price of gold along with pipeline of assets will save PRU...... and stock is cheap but not when its bleeding cash...

    im holding and will top up under 40c IF we get there if not, then all is good.
    Last edited by fbx258: 28/04/16
 
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$2.35
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$2.32 $2.37 $2.29 $6.953M 2.966M

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9 211468 $2.35
 

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