mining costs are so high because of the loow grade ore that has been mined of late. They are now getting into some higher grade ore. I have held this one for some time and I think with the rising gold price and the resource reserves on hand, institutional investors are realising the up side in the SP. Some 18 months ago they rocketed on the urainum spin off of Valhalla. This generated all their cash. They sold Valhalla six months to soon, to Paladin. The price of uranium went up and the price of RSG went down. Has the ability to move very quickly. Shares are tightly held and the volume is never very high. This seems to help the share price when its rising. 10 mil oz at $800-00 is alot of money. Hope it keeps its trajectory towards the moon. DYOR.
200 day moving average smashe, page-4
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Last
64.5¢ |
Change
-0.010(1.53%) |
Mkt cap ! $1.373B | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 65.5¢ | 63.5¢ | $3.552M | 5.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 141270 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 58610 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |