Perseus Mining Ltd (OTCPK:PMNXF)

$ 1.83 0 (0%) Market Cap: 2.53 Bil Enterprise Value: 2.02 Bil PE Ratio: 8.01 PB Ratio: 1.63 GF Score: 93/100

Q3 2021 Perseus Mining Ltd Activities Report Call Transcript

Apr 19, 2021 / 11:00PM GMT

Release Date Price: $1 (-1.84%)

Transcript

Nathan Ryan

NWR Communications Pty Ltd - Founder and MD

Good morning, and welcome to the Perseus Mining investor conference call for its March 2021 quarterly report. (Operator Instructions) I will now hand over to Perseus Mining Chief Executive and Managing Director, Jeff Quartermaine. Over to you, Jeff.

Jeffrey Allan Quartermaine

Perseus Mining Limited - MD, CEO & Director

Thanks very much. Thanks, Nathan. And welcome to this webinar to discuss Perseus' March 2021 quarterly report that was released to the market earlier today.

Now at the risk of sounding like a broken record each quarter, Perseus has recorded yet another strong quarterly performance, increasing our production by 29% and providing the clearest indicator yet that the company is well and truly on its way to achieving its targeted production rate of 500,000 ounces of gold per year at a cash margin of USD 400 per ounce or more. We completed the commissioning of our third mine, YaourÃ©. And by the end of March, the mine was cash positive, and we're able to declare commercial

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