re: Ann: Daily share buy-back notice - Append... pisces
I am curious why you think RSG is such a good buy. Is this what your broker or other broker reports say, or did you do your own financial analysis on the company and came to that conclusion?
I have only seen Argonaut's recent report, which placed a value of $2.45/share. That is only 36% above its current price. PRU and EVR (and perhaps CGX) have higher levels of undervaluation, I think.
However, RSG has the potential to eventually lower costs further. I am not sure if they have really fixed Syama as yet. A mining industry analyst suggested to me that they need to spend $300-400m to get a major improvement in dealing with the sulphides. I suppose if they are just processing oxides then they will make a heap of money there.
loki
Ann: Daily share buy-back notice - Appendix 3E , page-9
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Last
73.5¢ |
Change
0.040(5.76%) |
Mkt cap ! $1.564B | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 73.5¢ | 70.5¢ | $11.81M | 16.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 143270 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 489207 | 13 |
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