Hmmmm.
Had to read the announcement a few times to let it all sink in.
All up, RSG is starting to be more honest.... AISC is rising, but then... it has been high for quite a while, except the company just kept saying it was not. Mako no a surprise, I believe it will continue to be around these levels.
Syama, sigh.... not even a mention of just whether the U/G ops are actually... well, working!!! Hundred's of millions spent, yet... still no clear indication that it was all worth it (so I still view that as a huge black mark, where is the transparency!!?????)
The recent sale, will help reduce debt, but... at best, RSG will end the year close to being debt free. I suppose that is a good outcome.
While I can understand traders will like RSG, as a F/A investor, I just cannot like RSG.
Good luck to all holders (I have a few shares in my Super fund...).
Ann: CY20 Production Update and CY21 Guidance, page-14
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67.0¢ |
Change
-0.075(10.1%) |
Mkt cap ! $1.426B | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 71.0¢ | 66.5¢ | $13.63M | 20.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 485586 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 282407 | 7 |
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| RSG (ASX) Chart |