PRU 3.41% $2.73 perseus mining limited

Same to you yacheng. Very indepth. As previously said I was a...

  1. 349 Posts.
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    Same to you yacheng. Very indepth. As previously said I was a long time holder from near the float but became disillusioned with some of managements decisions and targets not hit a few years back, but have kept my eye on them as I believe the new team is trying its best to cut costs and keep its head above water. If you look at the cash flow projections in the LOMP Table 6 from the recent Qtr announcement you'll see the reason for those comments. They won't make any money (at current gold prices) for at least the next 3.5 years! At the same time they are going to spend all their money on developing a very small project in the neighbouring country and in moving a village???)(*

    Good Luck to all
 
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