PRU 0.37% $2.67 perseus mining limited

jpast,The announcement plainly states:Perseus intends to use the...

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    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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