PRU 1.57% $2.58 perseus mining limited

Ann: September Quarterly Report, page-2

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  1. 1,781 Posts.
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    Overall PRU delivered good results and Yaoure mine development seems to be going on track.

    • Continuous improvement at both operations resulted in a 2.7% increase in
    gold production, a decrease in all-in site costs (AISC) of 6.8% and an
    increase in notional cashflow of 55.2%, relative to the June 2019 quarter;

    • Perseus is on track to achieve unchanged Half Year and full Financial Year
    market production and cost guidance.

    FY2020
    Gold production 260-300k oz
    All-In Site Cost (AISC) US$/ounce 800-975

    The only thing that could be better is the hedging: Perseus’s total hedged position at the end of the quarter was 267,599 ounces at a weighted average sales price of US$1,327 per ounce.

    What's everyone's thoughts about it?

 
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