Thanks Jay
Great summary of events.
The resistance I saw was that 90 million voted against Resolution 6. So compared to the other Resolutions there was some reluctance to award those free rights. Not saying the new CEO doesn't deserve, but has only been in the saddle for just over 12 months and living off past efforts, though getting that $150m raising away at $1.90 was a boon.
Chairman's story sounds a bit strange indeed. Obviously doesn't want to be in Africa, but happy to send others there? Was the previous CEO, Mr Sullivan in the room when Mr Huston was saying negatives with regards to his time at the helm? Seems pretty strange when it was he and then management that got them into and built the mine in Mali in the first instance!
I hope you're wrong about nobody caring about the 50% drop in price. The priority should always be to their shareholders. Admittedly all goldies are performing poorly, but currently Resolute is one of the worst relative to producing peers on ASX.
Good to hear there was some emphasis put on the new hits , and great to hear about the positive vibes from the troops. Was a little concerned following a phone convo I had with my old engineering mate who worked with them at Syama. He told me that he'd met up with their Exploration Manager at some African conference in September? who said there wasn't a lot more to be found at Syama and that they were scaling back their efforts to concentrate elsewhere. Hope that's wrong, because they've previously said the area was still not well explored.
Anyway, still a lot of love for the stock and its future. Just hope all the recent talk about reducing costs is real, especially in this lower gold price environment. If cost results of last year are anything to go on, its not the best start.
- Forums
- ASX - By Stock
- Ann: Details of Voting at AGM and Appendices 3B and 3Y
Thanks Jay Great summary of events. The resistance I saw was...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RSG (ASX) to my watchlist
(20min delay)
|
|||||
Last
61.5¢ |
Change
0.035(6.03%) |
Mkt cap ! $1.298B |
Open | High | Low | Value | Volume |
60.0¢ | 61.5¢ | 59.0¢ | $5.904M | 9.766M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.5¢ | 148752 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 215362 | 0.600 |
3 | 83520 | 0.595 |
3 | 48196 | 0.590 |
1 | 33196 | 0.585 |
9 | 235230 | 0.580 |
Price($) | Vol. | No. |
---|---|---|
0.615 | 30000 | 1 |
0.620 | 15000 | 2 |
0.625 | 15003 | 2 |
0.630 | 31775 | 2 |
0.635 | 85167 | 4 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
RSG (ASX) Chart |