PRU.TO Getting things together
2018 Guidance 12 months to June 2018 is forecast to increase to 250-285,000 ounces, from 2017 production of 176,218 ounces.
The projected increase is driven by higher output at Edikan, together with the commencement of production at Sissingué, which is scheduled to produce its first gold in the March 2018 quarter.
Together, the two sites are expected to deliver a reduction in Group all-in site costs to US$950-1,100/ounce in 2018, from US$1,324/ounce in 2017.
As forecast, Operating cash flows in the June 2017 Half Year rebounded to positive A$18.2 million from negative A$17.4 million in the first six months, despite the bulk of the payment of the legal settlement with BCM being paid in the second half of the year.
They should produce 500K per year around 2020 as they develop their projects from internal cash flow
