RSG 4.13% 52.3¢ resolute mining limited

Ann: Production Update December Quarter, page-5

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Another shocker.
    Net debt increased another $44million.
    Even with 74k oz produced.

    I think Ravenswood should be placed on care
    And maintenance until there is cash to upgrade as it is costing money now.

    130k oz in the first half
    I cannot see how 170k can be produced
    in the 2nd half so guidance will be missed

    Cheers
    Last edited by colinchi: 07/01/19
 
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