RSG 0.70% 70.5¢ resolute mining limited

Ann: Production Update March Quarter, page-73

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  1. 20,482 Posts.
    lightbulb Created with Sketch. 2030
    it would be interesting to see how RSG are dealing with this risk , albeit a very small one . I think chances of a shut down are slim , but I would not be surprised if RSG are increasing Levels of bullion. The cynical part of me thinks the Covid donations were made in part to keep govts on side
    they obviously have enough stock piles for a reasonable level of production this would be at higher cost. We are half way through April with no shut down so RSg I think are looking ok
    I expect the quarterly will advise Syama sulphide ramping up well and that should be enough to push this back toward 1.20 level , wlth gold price adding further price support

 
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