RSG resolute mining limited

Interesting numbers on possible additional incomes. Where did...

  1. 36 Posts.
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    Interesting numbers on possible additional incomes.
    Where did you get those?

    Promissory Note
    - Was published in a recent news release (19 June 2024) A$64 + Interest
    https://data-api.marketindex.com.au/api/v1/announcements/XASX:RSG:6A1212228/pdf/inline/ravenswood-update

    Upside sharing payment
    - Seems to be dependent on EMRs investment outcome
    - A$150m is only possible if the gross money multiple is at 5.0x
    - There is a calculation given in the news release (15 January 2020)
    https://announcements.asx.com.au/asxpdf/20200115/pdf/44d8smn8whwj1w.pdf

    In general the calculation is:
    - gross proceeds divided by
    - capital invested in the acquisition + development + operation costs

    So if they sell the mine for 2 Billion the sum of these costs must be under A$400m for RSG to receive A$150m
    If these costs exceed A$800 RSG will not get any payment

    Are there any public numbers on operation and development costs by EMR or Ravenswood Ltd?

    VAT Repayment
    - Didn't found anything on that please elaborate

    Thanks miningfox
 
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Last
63.5¢
Change
-0.025(3.79%)
Mkt cap ! $1.352B
Open High Low Value Volume
65.0¢ 65.5¢ 63.0¢ $3.865M 6.046M

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2 61541 63.5¢
 

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Price($) Vol. No.
64.0¢ 820 1
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