Hi Guys,
A good report to read. No surprise.
Good cash build during the quarter (over AUD $55 million)
11175 ounces to be sold ( at today's prices)
Net cash position roughly AUD$160 million.
Roughly AUD $217 million from Ravenswood sale process
Roughly AUD $20 million investment in LONCOR Gold
Stong cash generation on current gold prices
At some point the market will realise the above points and bid up the price.
If the production profile and gold prices remain as is, this could be a good opportunity to make some coin for investors with a 6-12 month time frame.
Any dip will be bought today.
Hi Guys, A good report to read. No surprise. Good cash build...
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Last
65.0¢ |
Change
0.025(4.00%) |
Mkt cap ! $1.384B | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 65.5¢ | 63.0¢ | $2.281M | 3.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 142280 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 4823 | 1 |
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| Last trade - 15.59pm 30/07/2025 (20 minute delay) ? |
| RSG (ASX) Chart |