RSG 1.20% 42.0¢ resolute mining limited

Fair call comparing RSG to the position PRU were in 7-8 years...

  1. 1,091 Posts.
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    Fair call comparing RSG to the position PRU were in 7-8 years ago. I hold PRU, and also held RSG until 3-4 years ago when they became a total basket case.

    They've finally got themselves a decent management team who are slowly digging them out of the massive debt hole they were in. I'm not ready to call it a turnaround story - yet. They just need to keep delivering solid quarterly performance to earn the markets trust again.

    With goldies like RSG, it's more about positive free cashflow generation rather than underlying profit imo. Once Syama can demonstrate this, the recognition, sp appreciation and profits will come.
    Last edited by jman0076: 16/03/24
 
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42.0¢ 42.5¢ 40.8¢ $3.153M 7.571M

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