PRU 1.28% $2.32 perseus mining limited

quick thoughts on the quarterly

  1. 8,838 Posts.
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    Not as bland as others have suggested.

    Activity for Dec qtr.:

    At Ayanfuri
    • Complete the Environmental Impact Statement public hearing for Ayanfuri Gold Project.
    • Nominate a lead financier.
    • Continue infill and extensional drilling.
    At Tengrela
    • Continue exploration resource drilling at Sissingue.
    • Commence detailed metallurgy for the Sissingue deposit.
    • Carry out follow up drilling of regional targets.

    Other than previously announced news eg somew great drill results at AYanfuri at depth (127m @ 3.1 g/t) and the cheaper than forecast tender for the DFS...

    Drilling - Ayanfuri had 6800m odd (3 rigs now going full tilt); Tengrala ~ 20,000m which ws deemed "less than expected". More rigs now added.

    Finance - 9 'bids' received - not 3 or 4 but 9. That says a lot to me about the quality and attractiveness to the banks of Ayanfuri.

    That is all informative (and good) news to me!
 
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