RSG 0.74% 68.5¢ resolute mining limited

400000oz gold producer

  1. 2,431 Posts.
    lightbulb Created with Sketch. 193
    seems like a good bet....

    Simple figures:

    400000oz produced at lets say top end $1000oz still gives a margin of 250mil+ free cashflow at current POG... but if cash costs drop to $750oz as mentioned, thats 350mil free cashflow per annum...
    Now for the big wishful thinking, POG at $2000oz and cash costs at 750oz... thats 500mil free cashflow per annum...

    I feel the grid connection to Syama will be the turning point as the deisel costs equate to 1/3 of the cash costs...

    Seems dirt cheap at in the current enviroment! if everything drops to plan this ones a multiple bagger....
 
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