563 0 Kommentare Perseus Mining Reports on Half Year Ending 31 December 2020 - Seite 2

The Company’s net tangible assets on December 31, 2020 were A$853.5 million or A$0.70 per share including cash and bullion on hand. Total interest-bearing liabilities stood at A$168.9 million, A$48.7 million less than on June 30, 2020.

Looking to the future, Perseus’s financial performance is expected to remain strong with continuing solid gold production and an improving cost structure at its two operating gold mines. Development of Yaouré, Perseus’s third operation, will be a major focus in the 2021 financial year. Production and cost guidance for the 2021 financial year is as follows:

*Parameter*	*Units*	*Production and Cost Guidance*
		December 2020 Half Year Actual	*June 2021* *Half Year*	Full Fiscal Year 2021

*Group Gold Production*	*ounces*	137,386	*175,000 – 190,000*	312,386 – 327,386
*Average All-In Site Costs*	*$US per ounce*	1,000	*950 -1,150*	970 – 1,067

CEO and Managing Director, Jeff Quartermaine Comments:

“The financial results released by Perseus today are further evidence of the continuing transition of our Company from a junior gold producer to a multi-mine, multi-jurisdictional business.

In coming periods, the trend of Perseus’s steadily increasing earnings and cashflow is expected to continue, boosted by a material contribution from our third mine, the Yaouré Gold Mine. The construction of Yaouré was completed late in the December Half Year and operations are steadily ramping up to optimum performance levels.

Heading into 2021, Perseus is in a strong financial position to continue the growth of our business through both organic means and by being positioned to take advantage of M&A opportunities that may present and offer attractive returns on our investment.

The results that we have released today, and the strong financial position in which Perseus is now positioned, reflect the focused efforts of both our on-site and corporate office teams, all of whom have worked with dedication and commitment in a period of uncertainty and challenge brought about by the COVID-19 pandemic. I thank them sincerely for their efforts in delivering the results published today.”