Perseus again passes 'lie detector test': Quartermaine

FORCEFUL Perseus Mining MD Jeff Quartermaine says the West African gold miner has again passed the “lie detector test” by growing cashflow and its balance sheet in the recently completed September quarter.

Perseus again passes 'lie detector test': Quartermaine Perseus again passes 'lie detector test': Quartermaine Perseus again passes 'lie detector test': Quartermaine Perseus again passes 'lie detector test': Quartermaine Perseus again passes 'lie detector test': Quartermaine

After the relative hiatus of recent times Perseus is set to increase its exploration budgets later this year

Quartermaine's jibe at unspecified "peers" came as he reported the company's notional cashflow increasing 55% in the September quarter to US$29.8 million, and cash and bullion balance being $120.

  • Top News: Vale Terry Grammer. Read more.
  • Top News: SolGold's relationship with BHP, Newcrest not 'soured'. Read more.
  • Top News: Nickel Mines becomes 'new force in global nickel'. Read more.