PRU 3.43% $2.41 perseus mining limited

Ann: Quarterly Activity Report, page-7

  1. 349 Posts.
    lightbulb Created with Sketch. 15
    Agreed. Great result for the quarter, but one thing I notice is the new LOMP suggests a 4:1 W:O ratio overall whilst for the past 9-12 months its been around 1-1.5. Some where down the road, and I would think sooner than later, there going to have a large excess of waste material to move and costs are likely to jump.

    Still believe I'd hold back on Sissingue - too small and payback near end of project, that's only if gold stays at these current levels. Too risky IMHO.
 
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