Unable to provide exactly the questions posed, but I will say I was aiming for the root cause of the production underperformance. I think someone else on RSG threads mentioned that the market let the Dec Qtr miss slip by with the assumption that Mar would cover that slippage. RSG simply got caught out with the low grade feed.
Looking forward, June Qtr will benefit from the UG ore at ~3g/t. The qtrly reveals that we are currently stockpiled with around 3 mil tonne @ 1.3g/t. I doubt it will be utilised during during the next couple of quarters.
To achieve the revised annual target of 280koz, we need to see 71koz produced. It is my expectation that they will exceed 76koz, based on some rough calcs.
The smart investor knows that Mar Qtr and even Dec quarter misses will have no significant impact on the real long term value of this company.
The only people who would be seriously annoyed, are the short termers tailing onto rise to 1.34 and being caught out.
Again another poster mentioned 1.145 (61.8 fib), if 1.12 offers itself I will be adding.
- Forums
- ASX - By Stock
- RSG
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-93
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
Add RSG (ASX) to my watchlist
(20min delay)
|
|||||
Last
70.5¢ |
Change
-0.005(0.70%) |
Mkt cap ! $1.500B |
Open | High | Low | Value | Volume |
70.0¢ | 71.0¢ | 69.0¢ | $9.005M | 12.87M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 151500 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.5¢ | 99995 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 144000 | 0.700 |
1 | 5500 | 0.695 |
13 | 315905 | 0.690 |
9 | 230611 | 0.685 |
18 | 304195 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 50000 | 1 |
0.715 | 111762 | 4 |
0.720 | 198762 | 3 |
0.725 | 58223 | 2 |
0.730 | 97294 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
RSG (ASX) Chart |