RSG 0.00% 52.0¢ resolute mining limited

Ann: Preliminary Financial Results Presentation, page-3

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    Shocking report/presso - financial position isn't discussed until slide 9 and it is not pretty. Lots of big numbers but the fact of the matter is these guys cannot make a profit on their operating mines. debt, royalties and VAT tax's are eating them alive.

    RSG will likely need to offload more assets just to pay back debt.

    shocking result
 
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