PRU 0.37% $2.68 perseus mining limited

If you read the USB re rate It states as I have stated that...

  1. 4,604 Posts.
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    If you read the USB re rate
    It states as I have stated that further dilution will be required... that is if they are in a position to borrow the rest to fund
    a third mine.
    Expect 300 million new shares plus the
    Warrants to dilute further the more than one billion shares on issue..... as a best case scenario.

    The fact that they are yet to make money aside.....Take a look at RSG and what less than $1 billion market cap gets.

    Cheers
 
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