I bought in near the lows, despite the risk (which is pretty large) they are making close to $1500/ounce US profit - which is like $2200 aussie an ounce!
If you do the math - the markcap cap is way to low - but huge risks at the moment with all the political stuff going on, so can understand the huge discounts, the key is getting this new project off the ground and derisking production a bit.
Even at these prices after a bit of a run the last month or two, its still easily worth the risk with the upside.
Resolute hit by another junta government as Guinea permits revoked, page-9
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Last
63.5¢ |
Change
0.015(2.42%) |
Mkt cap ! $1.351B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 64.3¢ | 62.0¢ | $7.706M | 12.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 276576 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 33006 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| RSG (ASX) Chart |