RSG 7.34% 58.5¢ resolute mining limited

The only detail I've been able to source is from a GEAR...

  1. 3,044 Posts.
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    The only detail I've been able to source is from a GEAR presentation from when they were listed on the Singapore stock exchange. The below shows the mine did ~50koz in the 9mths of 2020, followed by ~80koz in 2021 (~30koz H1, 50koz H2) and then a further 50koz in 1H22. As you say the major expansion done early 2023. So if i summarise...

    2020 (9mths): 50koz
    2021: 80koz
    2022e: 110koz (50koz H1, 60koz H2e)
    2023e: 180koz
    2024e (H1): 100koz

    That all adds up to 520koz. But there's a question of if it's touch and go (and it's a hard line must do 500koz from my understanding) do they stockpile rather than pushing the additional say 20koz (A$70m revenue) through the mill to pay RSG A$50m? Bearing in mind they are trying to dress this thing up for sale.

    https://hotcopper.com.au/data/attachments/6156/6156590-248f14c593d2a93a2ab4d775015012f2.jpg

 
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