RSG 1.20% 42.0¢ resolute mining limited

Ha ha,Despite me (or was it the red wine?) being highly critical...

  1. 1,504 Posts.
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    Ha ha,

    Despite me (or was it the red wine?) being highly critical of the (lack of) achievements over the past year, looking forward this should be a cash generating machine. That is why I am still onboard...although I reckon management should give the paypackets a haircut. No, on second thought, a number one shave.

    400k at a margin of say 600USD is around A400m. And that margin is AISC, so the actual operating cash flow should be even better (although tax will come out of it).....if they don't continue to screw up.

    Time will tell, it always does.

    Rosco
 
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