PRN 0.48% $1.04 perenti limited

Broker Valuations Range $1.80 to $2.00, page-43

  1. 253 Posts.
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    PRN's subsidiary AMS is providing services for two gold mines in Mali.
    • Yanfolia - USD$112 million 3 year contract awarded 12/2016 with the possibility to extend for another year.
    • Fekola - providing drilling services since 2016. Last update 02/12/2019 AMS awarded a 1+1 year extension with an expected annual revenue of $12 million

    I can't find anything about any extensions to Yanfolia, so if it did all fall apart in Mali, at least they are close to the end of the current contract. The contract at Fekola is pretty small, so wouldn't expect too much damage from here.
 
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$1.04 14830 1
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