RSG 0.70% 70.5¢ resolute mining limited

Fair price 2.2 cent, page-8

  1. 349 Posts.
    lightbulb Created with Sketch. 15
    You can say that again Jojo

    This is truly a bargain now.

    No Debt and plenty of cash to fund near term developments, which will lead to 2 possibly 3 mines each with 12+ year lives, delivering minimum 400,000ozpa with combined AISC under A$1150/oz ($500/oz margin).

    Do the sums and you'll see there'll be delivering some great returns and dividends for some time !!!

    Very conservatively a $2Bn company on these numbers.
 
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