PERSEUS (PRU) named after the Greek God, is surely likely to achieve "godlike" status as 2007 unfolds.
The Projects that PERSEUS has, is rather astounding for a "junior" that is only 2 years old. Several of the projects are in the process of feasibility ( both pre and into full).
There are only 89 million shares on issue ( of which MBL-- the BANK - holds 10%+ and Caspian Oil 26%), so PRU is a relatively tightly held stock, that has only just gained the attention of the wider market.( NB a recent article in The AGE and a Research Report )
That attention, is gathering for the release of announcements that will prove UP the Resource bases of the 4 main projects:-
*GRUMESA - Ghana
*AYANFURI - Ghana
*TOLUBAY- Kygyz Republic
*TENGRELA - Ivory Coast
It is anticipated by the Company that a Jorc Resource Upgrade to 3 MOZ Au will be released before March 2007.
PRUO ( the options for 2009) are trading, relative to their exercise price of 20c - so IMO look to be a very attractive investment in a company that is well undervalued.
( I and SMSF own a considerable number )
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- we await with anticipation
we await with anticipation
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$2.73 |
Change
0.090(3.41%) |
Mkt cap ! $3.750B |
Open | High | Low | Value | Volume |
$2.72 | $2.75 | $2.70 | $17.12M | 6.284M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11100 | $2.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.73 | 154758 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 2.710 |
4 | 25728 | 2.700 |
2 | 28764 | 2.690 |
2 | 13162 | 2.680 |
2 | 30177 | 2.670 |
Price($) | Vol. | No. |
---|---|---|
2.730 | 32879 | 1 |
2.750 | 58209 | 4 |
2.760 | 10829 | 1 |
2.770 | 15854 | 3 |
2.780 | 29459 | 3 |
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