RSG 0.97% 52.0¢ resolute mining limited

Hi WorzelI must admit I missed that yesterday in my haste to...

  1. 349 Posts.
    lightbulb Created with Sketch. 15
    Hi Worzel

    I must admit I missed that yesterday in my haste to look at the production numbers and forecasts.

    Yes, the fall over of the power deal on the hybrid station when they apparently had an arrangement with the Govt back in 2016 to supply cheap grid power and had built half the infrastructure is very perplexing.

    The Company originally (back in 2013) said power was 1/3 of their processing costs and the grid would save them more than US$120-150/oz. That's over US$30M per annum. With the hybrid station now unlikely to happen, what's plan B or should I say C

    That is certainly a question that needs to be asked of JW at the conference call?

    Still have faith in their project but not necessarily their management.
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
52.0¢
Change
0.005(0.97%)
Mkt cap ! $1.107B
Open High Low Value Volume
51.5¢ 52.0¢ 51.0¢ $2.698M 5.234M

Buyers (Bids)

No. Vol. Price($)
1 5000 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 579606 9
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.