Perseus errs on the side of caution

PERSEUS Mining boss Jeff Quartermaine says the main goal of the company’s 18-month guidance is maximising cashflow and minimising cash outflow, while the development of its second mine has been put on hold.

Perseus errs on the side of caution Perseus errs on the side of caution Perseus errs on the side of caution Perseus errs on the side of caution Perseus errs on the side of caution

In a conference call this morning, Quartermaine said a lot had changed in the past few months, with the fall in gold price and sentiment, causing the company to look at its business.

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