Value Microcaps Junior Miners

[dr_airtime]

PRU.TO/PMNXF - great SA article...

...this is a SA Pro article but found someone over on Australia's Hot Copper board that pasted the full article. Newest, most relevant piece of info is proximity of Sissingue to Rangold's current operations so author speculates that Sissingue could be sold to finance the potential company-maker Yaoure mine coming from the Amara merger. Perseus needs USD $334M for Yaoure capex per the Amara PFS and they have USD $125M of working capital (which includes at least $125M of cash). So best case scenario is they finance Yauore with 1/3 cash, 1/3 proceeds from Sissingue sale and 1/3 debt.

http://hotcopper.com.au/threads/perseus-mining-so-much-value-beyond-the-sum-of-parts.2750573/?get_post=true&direction=previous#.Vx6HetIrKVM

Author is Iterant over on SA - he is quite good and been around for years.