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From announcement today:

Perseus Managing Director, Mark Calderwood’s Comments
“Now that the EPA approval is to hand, it’s ‘all systems go’ at the Central Ashanti Gold
Project.”
“We are on target for achieving a first gold pour in the third quarter of 2011.”
“The $140 million raised in recent equity issues and the project financing ensure that the
CAGP is fully funded while the Company is able to maintain its exploration effort and fast
track development of the Sissingue project at Tengrela in Ivory Coast – recent new exploration
discoveries in Ivory Coast and Ghana and progress at Sissingue demonstrate the value of this
strategy.”
“We are not expecting to draw more than US$65 million of the CAGP project loan facility
unless funds held are required to fast track Sissingue” Mr Calderwood said.

<blockquote data-quote="eddyeagle" data-source="post: 560801" data-attributes="member: 12680">From announcement today:Perseus Managing Director, Mark Calderwood’s Comments“Now that the EPA approval is to hand, it’s ‘all systems go’ at the Central Ashanti GoldProject.”“We are on target for achieving a first gold pour in the third quarter of 2011.”“The $140 million raised in recent equity issues and the project financing ensure that theCAGP is fully funded while the Company is able to maintain its exploration effort and fasttrack development of the Sissingue project at Tengrela in Ivory Coast – recent new explorationdiscoveries in Ivory Coast and Ghana and progress at Sissingue demonstrate the value of thisstrategy.”“We are not expecting to draw more than US$65 million of the CAGP project loan facilityunless funds held are required to fast track Sissingue” Mr Calderwood said.</blockquote>

[QUOTE="eddyeagle, post: 560801, member: 12680"] From announcement today: [I]Perseus Managing Director, Mark Calderwood’s Comments “Now that the EPA approval is to hand, it’s ‘all systems go’ at the Central Ashanti Gold Project.” “We are on target for achieving a first gold pour in the third quarter of 2011.” “The $140 million raised in recent equity issues and the project financing ensure that the CAGP is fully funded while the Company is able to maintain its exploration effort and fast track development of the Sissingue project at Tengrela in Ivory Coast – recent new exploration discoveries in Ivory Coast and Ghana and progress at Sissingue demonstrate the value of this strategy.” “We are not expecting to draw more than US$65 million of the CAGP project loan facility unless funds held are required to fast track Sissingue” Mr Calderwood said.[/I] [/QUOTE]

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