RSG 0.59% 84.0¢ resolute mining limited

Ann: Quarterly Activities Report, page-19

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  1. 11,126 Posts.
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    I woke up around 9.30am and have been a bit slow to get my head around this report.

    The headline AISC figure looked OK, and the oxide operations were doing well, but I did not like the mining costs at Syama underground so I sold my shares on the open.

    Net cash balance level at end March was not too hot, which is why they raised another AUD19.4m last week.

    I will have another think about RSG later on, after I have had some sustenance and have listened to the Moose's CC.

    GLA.

    loki (we live in awe of Syama sulphide's potential.)
 
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