jpast,
The announcement plainly states:
Perseus intends to use the net proceeds of the offering to fund development of the Company's projects and for general working capital purposes.
Can't buy much for $81 million, just 48,000 ounces of gold at today's price.
They need lots of drills to drill all the ground they have, I think that's where the money will go.
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$2.50 |
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Mkt cap ! $3.439B |
Open | High | Low | Value | Volume |
$2.53 | $2.57 | $2.49 | $9.943M | 3.949M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
---|---|---|
2 | 14473 | 2.490 |
3 | 30354 | 2.480 |
2 | 103263 | 2.470 |
4 | 80108 | 2.460 |
4 | 95229 | 2.450 |
Price($) | Vol. | No. |
---|---|---|
2.500 | 16900 | 1 |
2.510 | 37156 | 4 |
2.520 | 113412 | 3 |
2.530 | 29078 | 3 |
2.540 | 10149 | 1 |
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