RSG 0.70% 70.5¢ resolute mining limited

Ann: Quarterly Activities Report, page-38

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  1. 8,034 Posts.
    lightbulb Created with Sketch. 566
    They have burnt through almost $150 million cashI n 3 quarters.

    With $200-million budgeted for Capex and exploration......it means 200k oz produced
    in 3 quarters has yielded no cash.

    Sorry guys but something is starting to smell here.

    I would think last quarter 66k oz should have alerted JW that guidance and Aisc
    could not be met.
    Yet guidance was maintained...Does JW know what is going on or not.

    No sense trying to pretty it up.
    It has been a pretty piss poor performance.

    Cheers
 
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