Yep - its a big decision for you to make.
I hope you have noted the discussion about the mine life of Edikan, and to some extent that of Sissingue, having a very significant impact on PRU's valuation. Exploration success would be nice, but I am not counting on it to any extent for Edikan. Yaoure will provide a future for PRU (and its management team) but not at 500k ounce per annum level of production. They will need to do more deals to get access to gold deposits (this costs via cash/debt/share dilution).
Perhaps consider selling 30-50% of your holding during the gold price spike (should it happen) and retaining a significant portion for more upside, if you like. I probably only have around 1/3rd of your PRU holding and will sell out on the assumption that the share price will drop back and I can get back in at a lower price if I wanted to.
Good luck to all.
loki (Could PRU return to $3.00? One can only dream.)
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Last
$2.59 |
Change
0.060(2.37%) |
Mkt cap ! $3.481B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.62 | $2.59 | $909.8K | 350.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 31583 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.59 | 55138 | 22 |
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| Last trade - 10.30am 19/11/2024 (20 minute delay) ? |
| PRU (ASX) Chart |