PRU 1.22% $1.25 perseus mining limited

agm next friday 1500 wst qv1 building

  1. 7,591 Posts.
    lightbulb Created with Sketch. 199
    make sure you are there with some tough but fair questions for MC and his crew. My question would be (and not sure I can get there) are:

    1. Particularly, how they can better manage the sale of shares by CIG.

    2. How they intend to deal with any opportunistic low ball bid for the company that may eventuate at these silly prices.

    3. Cash requirements going forward - has the burn rate slowed to conserve funds until the market improves - raising equity at these levels would be highly dilutionary. How much cash is left in the kitty?

    4. When will we see a resource put out on Sissingue (Tengrela) and what potential do they see there (and the other 'new' tenements in Cote d'Ivoire?

    I have always thought that Tengrela can be every bit as big as Ayanfuri, maybe bigger.....

    5. TSX listing - no idea what the associated listing costs etc are but it's still FAR EASIER to raise money in North America thatn it is here.....i guess the low price would preclude an equity placement in any event....

    cheers

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