RSG will very quickly pay back their debt and will make a lot of profit with gold around US$1500
Net debt:
The Company’s net debt position as at 31 December 2019 was US$267 million (A$380 million).
It's not rocket science to see that this company is in the starting blocks to make some really good money from now on.
Resolute is forecasting gold production for FY20 of 500,000oz at an AISC of US$980/oz.
Time to top up again after this crazy sell down by the shorts as we have now a possible bargain entry today.
And I am sure that the paid posters and we all know who they are will keep spreading the doom and gloom scenario as they get paid for doing so.
RSG Price at posting:
$1.11 Sentiment: Buy Disclosure: Held
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