On a somewhat related note, Citi gives a line for Perseus in http://blogs.wsj.com/dealjournalaustralia/2013/01/04/citis-best-aussie-ma-ideas-in-2013/.
"Apart from the above names, Citi reckons consolidation could also affect mid-tier gold producers like Perseus Mining"
Don't get too excited though, I think they hit about 1 from 20 last year.
jp morgan upgrades forecasts for pru, page-3
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