Perseus Mining Limited (PMNXF): Perseus Mining PMNXF Annual Report out...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	70
Posts	3876
Boards Moderated	0
Alias Born	06/10/2004

Vegas Matt

Re: None

Sunday, 10/18/2015 11:13:58 PM

Sunday, October 18, 2015 11:13:58 PM

Perseus Mining PMNXF Annual Report out
A very interesting African Gold Miner
http://www.perseusmining.com/aurora/assets/user_content/PRUANNUAL30JUNE2015.pdf

Improved operating
performance in FY2015
Increased gold
production to 212koz
Decreased AISC to
US$877/oz
Average gold price of
US$1,324/oz
Other factors during
FY2015
A$:US$ exchange rate
decreased 19% from
0.9439 to 0.7658
US$ spot gold price
decreased 11% from
US$1,315/oz to
US$1,171/oz
Strong FY2015 financial
performance
NPAT of A$92.2M or
16.7cps. Up 388% yoy
Net cash flow from
operating activities of
A$85.8M or 16.3cps.
Up 350% yoy
Strong Balance Sheet at
30 June 2015:
Net working capital of
A$178M
Cash & bullion of A$127m
Hedged 63,000ozs at
US$1,432/oz
Debt Free

Diversify. We invest to make profits. You need to take profits when you have large spikes in stocks, especially if you are up over 100%.
At least sell half, and ride some free shares.
Have some stocks, EM, bonds, real estate, etc.