Further, let's not forget virtually ALL of the big boys in the gold world already have existing operations in Ghana. Relatively speaking, Ghana is a great place to operate a mine.
You reckon they're not watching Perseus like a hawk?
The big guys struggle to replace their reserve/resource base constantly (on which they are valued, hand in hand with production rates, costs et al.) - they all know the easiest way to do this is to buy emerging stories:
1. Newmont
2. Anglo Ashanti
3. Goldfields
4. IAMGold
5. Golden Star (not really a big boy but...)
6. Redback Mining
Don't take my word for it - have a lok at the Petra Capital report on Perseus on the web site....
red back mining, page-9
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