Because Edikan is barely producing any positive cashflow. Costs are too high and the prospects for them coming down much further seem to be limited given persistent grade issues.
Sissingue can hopefully save the day and churn out some cash.
Financing Yaoure is just fantasy at this point until the cashflow really can pick up form the existing operations.
Ann: March Quarterly Activities Report, page-12
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Last
$2.68 |
Change
-0.010(0.37%) |
Mkt cap ! $2.265B | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.70 | $2.61 | $11.46M | 4.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111469 | $2.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 67593 | 5 |
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| Last trade - 16.10pm 18/12/2024 (20 minute delay) ? |
| PRU (ASX) Chart |