RSG 0.00% 76.0¢ resolute mining limited

Ann: Sale of Bibiani Gold Mine for US$90 million in cash, page-112

  1. 15,191 Posts.
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    Well yes, now this has confirmed why RSG SP has been softening, question is how much of this NON CASH IMPAIRMENT been factored in the SP. As the market is forward looking and SG is a good operator who has confirmed improvements across a number of operations which will positively impact the metrics of the company- when will this start to flow through into the SP. I still mantain soon and at these prices the SP is good value, if I free up some more cash- will look to BUY more. I think what will happen, SG underpromises and subsequently over delivers. He will sidestep the downrampers, give it time.
 
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