PRU - next quarters

CEO gave an outlook  many disappointed.

Tried to put the given outlook (next 6 months) in comparison to the PRU history, in particular the last financial year.

AISC: 950-1150 USD/ounce
Gold produced: 130 - 150 kounces

This compares to 136368 ounces produced at AISC of 989 USD in the last 6 months (01-06/2018).

Assuming they will not miss the given outlook I come to the following ranges for what they will earn only from gold production (neglecting development costs) + assuming they sell the gold either for 1200 (worst) or 1250  USD (best case). With ~ 130.000 ounces hedged at 1312 this should for sure work!
pessimistic =>  6.5 MUSD is not a lot
optimistic => they should end up in the range of the last 6 months which would be ok.

Let´s hope they learnt their lessons and the given outlook is on the pessimistic side + gold >1300 USD would be a catalyst desperetly needed...

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
0		AISC / US $	Sales / US $	Delta	Gold Sold	M US $
1	H1 2018/19	1150	1200	50	130000	6,5	pessimistic
2	H1 2018/19	950	1250	300	150000	45,0	optimistic
3	H2 2017/18	989	1298	309	136368	42,1	reference
4	FY 2017-18	1039	1288	249	240315	59,8
5	Jun.18	913	1312	399	82251	32,8
6	Mär.18	1104	1278	174	54118	9,4
7	Dez.17	1093	1260	167	53842	9,0
8	Sep.17	1116	1290	174	50105	8,7
9	FY 2016-17	1324	1242	-82	175233	-14,4
10	FY 2015-16	1351	1224	-127	153957	-19,6
11	FY 2014-15	877	1324	447	208316	93,1
12	FY 2014-14	1294	1322	28	183325	5,1