RSG 2.80% 73.5¢ resolute mining limited

Ann: Trading Halt, page-12

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  1. 1,506 Posts.
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    i doubt it.

    what I like’!

    56M debt only - improving quarters and a pre financed open pit operation next year ( if I got this one right? )

    means - yes have less of more but better than more of nothing.. which means once we get kicking with the open pit ore - we put the company back on track for dividends - also 56M minus 12.3M final bibiani

    yes dilution sucks - but in raising interest rates - high debt sucks too. So I rather have 50% of dividends going forward than risk of breaking our neck.

    i hold my smallest parcel of only 150kunits at 20c but i will use the full retail offer possible to average down and then well hold the breath till that beast prints a dividend

    No investment advise.


 
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