RSG 2.91% 53.0¢ resolute mining limited

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  1. 9,772 Posts.
    lightbulb Created with Sketch. 3480
    they left a listing - not stopped mining

    listings cost a lot to maintain and you need to service them, sending out execs to meet investors etc - after a 2.5-3 yr bear market id guess they thought it wasnt worth the hassle given there wasnt much trading here

    dual listings for mid caps tend to only work in bull markets - when things go soft its fairly common to delist from the foreign bourse

    its a pity because EDV.TO looks likely to to be a west african EVN - and at $430m canadian currently - it would have been nice to be able to take the ride close to home

    EDV doing 530koz this year going to 750koz plus in 2017 once it finances a $320m new mine. Given EVN is now about $2Bn aud at similar output - youd and roughly comparable aisc - EDV looks likely to boom
    Last edited by goldbear77: 13/01/16
 
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Last
53.0¢
Change
0.015(2.91%)
Mkt cap ! $1.128B
Open High Low Value Volume
53.0¢ 54.5¢ 52.0¢ $13.30M 25.09M

Buyers (Bids)

No. Vol. Price($)
5 280119 52.5¢
 

Sellers (Offers)

Price($) Vol. No.
53.0¢ 1254766 3
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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