PRU 0.64% $2.35 perseus mining limited

Ann: September 2013 Quarterly Presentation , page-18

  1. 45 Posts.
    There is some ridiculous levels of panic setting in right now.. her's my take
    1. PRU is a spec on POG. With the fed meeting scheduled tonight and tomo night, the results are expected to be positive for gold to drive prices up. That should help the immediate SP

    2. company states
    "Produce between 45-55,000oz of gold at a total all-in site cash cost of US$1,050/oz to US$1,250/oz in
    line with Half Year guidance; "
    The immediate POG will definitely stand over the costs in the coming quarter with end of year demand for gold (festive seasons) and low possibility of a fed taper in dec

    3. PRU expects nearly $38m in VAT repayments from Ghana govt. (If not all, at least a part of it should boost cash bal)

    Although, there is a massive drop in cash bal, lets look at the future picture. With gold prices on an upward trend, life of mine extended and reduced prod cost.. surely uits got to be a winner
 
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