I think many expected little output from Sissingue so 9500 ounces is a bonus. 55,000 ounces at edikan could have been better if they didnt bring forward the maintenance shutdown to this quarter. ASIC seems a little high but Edikan was below 1000, with Sissingue to be dramatically reduced next quarter. 60mil cash amd gold is great news!
Overall I think this is a neutral report, some positives but production ounces at Edikan is 5,000 less than I hoped.
I think share price will continue to rise as cash grows and expected sale prices next quarter to be much higher.
Ann: March Quarterly Activities Report, page-4
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Last
$2.68 |
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-0.010(0.37%) |
Mkt cap ! $2.265B | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.70 | $2.61 | $11.46M | 4.290M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111469 | $2.67 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 67593 | 5 |
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| PRU (ASX) Chart |