It is OK with me. People can assume whatever they want to assume.
The way gold in circuit gets treated is not uniform, but my understanding is that it is supposed to be in addition to normal forecast gold production. It is a question of timing as to when it will be exracted from the plant and monetised. Some time in the last 2.5 years there was one outstanding quarter of production because they extracted around 10k? (not sure of the actual figure) ounces. People on H/C were saying RSG was going to be financial trouble but I kept reminding them that due to the expectation of the added revenue form the planned extraction of the extra gold they would be fine. I was proved right.
I will leave things at that - gotta go out and enjoy what sunshine there is around me.
loki
RSG Price at posting:
$1.23 Sentiment: None Disclosure: Held
(20min delay)