PRU 1.66% $2.45 perseus mining limited

updated mine plan for Sissingue and Bele, page-34

  1. 372 Posts.
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    Teh Sissigue Mine will be sold off some time in the next 6 months - unless someone takes over Perseus and does it for the board.

    Can't say what it is worth - only a short mine life and EBITDA of around US$40 million a year if price of gold holds up at around US$1,250 per tonne.

    Maybe US$80 to US$100 million; then the focus will be the other mines.

    They would rather have the money in the bank for the other far more profitable mine with a much longer life.
 
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