Resolute mining has been in African continents for more than 30 years. RSG operational fundamentals are intact and has improved over the last one year and are improving going forward with significant cash generation as asic is going down and POG is going UP^ . RSG will be receiving significant amount from Ravenswood mine sale (promissory note around;USD 60mil and around usd 130 mil once the sale process kicks off, auction has begun and there has been a lot of interest from the local mining and international companies, Harmony Gold South African gold company has expressed lot of interest . There is a massive investment coming in Mail from international mining companies, (Kodal minerals and Toubanii resources to name a few). Rsg will be receiving around usd 100 mil VAT from Mali government. Expansion of Mako is due anytime .. Resources and reserves update will be released soon It’s a time to invest and buy RSG and you will see the results as the dust settles down , which will bring clarity and vision. let’s hope the production for this quarter comes above 95k oz …SP will follow through and this time is going way above $1.5 …outlook remains positive
RSG Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
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