PRU perseus mining limited

Nice work Nordesmic, I contacted PRU and EVR yesterday and...

  1. JID
    3,679 Posts.
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    Nice work Nordesmic,

    I contacted PRU and EVR yesterday and suggested that Jeff and Neil (EVR) should have a coffee together and see if they like the idea of merging the two companies

    The two companies have very complimentary business attributes with both seeking what the other has;

    (1) In EVR's case it is the cash on PRU's balance sheet
    (2) In PRU's case it is the diversification and scale that EVR's 5 producing West African mines provide

    The combined EVR / PRU would be a very attractive West African producer with c. 780k oz production p.a. and three late stage development assets in:

    (1) Sissingue (PRU)
    (2) Hounde (EVR)
    (3) Ity expansion (EVR)

    From my perspective it is a no-brainer but probably wishful thinking ...

    Cheers
    John
 
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