Thanks for an informative post .
Perhaps the reason they are conservative is what we've seen with a couple of miners getting into trouble with their reserves appearing to be overly generous when it actually comes to mining .
Also the GP volatility .
If it stays high enough for long enough they must surely all do their sums on a higher GP than RMS are using at present ($1650 -$1800)
Ann: Resources and Reserves Statement 2019, page-7
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$2.11 |
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Mkt cap ! $2.437B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13856 | $2.11 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 38404 | 1 |
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