At least the bleeding was reduced to only $12m, and they have cash of over $20m, so perhaps they will not need to borrow for another 6 months or require a capital injection.
There was a reduction in total costs despite a disappointing fall in production, so perhaps things will get better in future quarters if they can get production up from 45k to 55k - it should both lower costs and improve cashflow. Is that asking too much from PRU?
PRU - a spec play that produces gold at around the current POG.
loki
Ann: September 2013 Quarterly Presentation , page-2
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$2.35 |
Change
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Mkt cap ! $3.228B | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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