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

Re: ~ Blue ~ post# 1597812

Sunday, 10/18/2015 11:14:34 PM

Sunday, October 18, 2015 11:14:34 PM

Post# of 2342050
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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.