RSG 0.79% 63.0¢ resolute mining limited

Ann: FY18 Production and FY19 Guidance, page-6

  1. 805 Posts.
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    Disappointed in the FY19 production target. With six months of Syama underground production, was hoping for better. I suspect this is a weak target as JW will be very unhappy to miss last year's (original) target.

    On paper there looks to be enough cash. But it will be tight. Should be easy enough to borrow $20m if they need to. If they can reduce the gold in circuit (via LCR?), then they will have plenty.
 
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