Everyone so focused on whats has gone wrong already and not on what could go right from here eg, the cancelation of mining lease might have been due to technical issue that can easily be rectified and has nothing to do with Chinese conspiracy theories!
Gold price at circa $1700 is still great for RSG who no longer are saddled with legacy hedges of $1450 from Ravenswood that they had to deliver into so cash flow will see big boost at these levels.
Syama has new local mine manager that has things running smoothly . RSG has non core listed investments that can easily be sold if they wanted to . They haven't though because they don't need to!
Ann: Bibiani Gold Mine Update, page-28
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Last
64.5¢ |
Change
-0.010(1.53%) |
Mkt cap ! $1.373B | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 65.5¢ | 63.5¢ | $3.552M | 5.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 141270 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 58610 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |