Hi Sudance Kid
I do not know what price they would put on PRU for a Capital Raising.The feasibility study outcome is not yet known.
However the last capital raising was at 50 cents per share.
Therefore based on the last capital raising my honest estimate for a new capital raising would be between 50 and 60 cents per share.
They would mainly be looking at an Institutional Capital Raising as there would be a lot of money to be raised.
Currently the Gold Price is down again significantly to $US963.25 per oz. I must say this fall in the Gold Price has surprised many people.
Always obtain professional independent advice before buying or selling securities.
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Hi Sudance KidI do not know what price they would put on PRU for...
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