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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.

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

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 $120.6 million...

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