PDI on Perseus Radar?, page-7

I'm not sure why this keeps coming up. Perseus is clearly focused on Orecorp and looks to be in the box seat to win that bidding war.

Nyanzaga is a large mine with a lot of capex (US$500MM) that will be spent over two years. There is also the development ready Meyas Sands project which is not completely ruled out from Perseus' pipeline, despite being currently on hold.

Perseus also has a history of being value buyers in acquisitions. Yaoure, Meyas Sands and now Nyanzaga were all relatively unloved projects when Perseus got involved. Bankan isn't really in the same category (Orecorp is being taken out for ~60% of PDI's current market cap).

At some point Perseus' production will decline materially from Yaoure and Edikan, and Sissingue will be divested/wound-up. To fill that gap they will likely look to buy an existing producer. Newmont's Ghanaian divestments look a good candidate for this.

There doesn't appear to be a need to buy Bankan at this point and it isn't Perseus MO.