RSG 1.46% 67.5¢ resolute mining limited

Ann: Quarterly Activities Report, page-46

  1. 3,795 Posts.
    lightbulb Created with Sketch. 523
    So listened to the open briefing and read the quarterly.

    Is there any posters that can definitely state that Syama u/g are not going to hit it's targets once in full production? RSG have confirmed grade is as expected and they reaffirmed life of mine costs. Recoveries have been over 85% of late which is their target, but the addition of the carbon roaster will add 4% so that is on target as well. Commercial mining has been announced. Automation is a bit unclear but it seems testing is ongoing and no problems have been raised.

    John stated that without the roaster issues they would have produced 30k up from 22.5k. He also reaffirmed that target of 50k or thereabouts a quarter once in full production.

    Is this a case of a slow ramp up or is there an issue that would make the mine less viable than the BFS study?
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
67.5¢
Change
-0.010(1.46%)
Mkt cap ! $1.437B
Open High Low Value Volume
66.0¢ 67.5¢ 64.8¢ $10.88M 16.42M

Buyers (Bids)

No. Vol. Price($)
1 36098 67.0¢
 

Sellers (Offers)

Price($) Vol. No.
67.5¢ 377203 5
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.