I'm like many today. It's an OK report. I took a profit leading up at $1.79 last week and kept about about 30% (70K shares). As many would know I'm a long time follower and supporter of RSG.
The sulphide recoveries and reasons attributed sound a little contradictory. Will be watching closely as the sulphide operation needs to be above 80%, especially as it appears the Tabakoroni oxides are running out now. I was searching the web the other day regarding the sulphide metallurgy and found an old (2010) Etruscan report (previous owners) that reported recoveries below 70% for a grind-float -roast - leach scenario. So overall wouldn't be any better than Syama.
Still not convinced Ravenswood is a winner!
Got to get those recoveries up at Syama to be the low cost producer it wants to be.
Ann: Quarterly Activities Report, page-22
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63.5¢ |
Change
0.030(4.96%) |
Mkt cap ! $1.351B | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 64.0¢ | 63.0¢ | $5.754M | 9.064M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 243739 | 63.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 837177 | 22 |
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