capital raisings.... of course they will, page-31

From the MD's comments, page 1 of the Sissingue Scoping Study release on Monday 9th (note the last paragraph particularly):

"“We are highly encouraged with the results of the study - it paves the way for feasibility studies to advance concurrently with ongoing extensional drilling”

“We have only resource drilled 1km of the 5.6km strike at Sissingue and most of the resource is contained within pit shells used in the study. Drilling is already extending zones of high grade ore beyond the resource with the bottom of hole intercept of 18m at 10.1g/t from 62m, reported in the December quarterly report”

“During 2009 we will be in a position to update the market on both the feasibility and drilling activities. Our target is to take the Sissingue resource past 2 million ounces”

“Tengrela is Perseus’s second most important project and given the robust economics of the larger, more advanced Ayanfuri project, we have potential to develop Tengrela from cash flow”