PRU 3.29% $2.50 perseus mining limited

nasty gap at .30 - would it dare?, page-2

  1. 11,125 Posts.
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    I think there is one even lower down, which could be reached if the POG goes below USD1150 or if the quarterly reports are poor.

    Lets hope they are making good progress in moving the villagers so they can access ore as planned as part of their cost reduction measures.

    I wonder how they are traveling with finally resolving all their tax issues with the govnuts - they had an agreement for around USD24m out of the USD39m in dispute with the tax authorities (I think).

    All the goldies are getting a good shake-out. At least PRU is debt free and has done its capital raising so it is now a question of whether they can meet their cost projections despite their lowish ore grade.

    All the traders who took positions in PRU late last week anticipating a rebound in the POG have probably sold out now. If they do not return in numbers than the share price could just drift lower just like BDR and others have done.

    loki
 
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