RSG 1.46% 69.5¢ resolute mining limited

I totally agree you Sep quarterly realised price est.Two things...

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  1. 63 Posts.
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    I totally agree you Sep quarterly realised price est.

    Two things from the June quarterly report,

    1, Oxide operation processed 383,667 t in June quarter which at average 2.44g/t AU, and poured 28,457oz. In Sep quarter, if the oxide tonnage has the similar process capacity (March 387,633 June 383,667), and the gold poured would be reduced to about 16,777 ( est 383,667 t ores processed at 95% recovery rate at grade 1.36g/t as the high grade ore finished in May 2020 and using the ratio 1oz=31.10g).

    Hopefully the Sulphide operation can have at least 30% increase in gold pour to catch up the difference. otherwise, it could be impact the cash receipt for about (28457-16777)*$1700 est Sep realised price=$19.85M

    2, Does anyone know what was the $16.7M cash outflow for VAT & Tax? as March quarter report there was no cash outflow for VAT & Tax.
    In tax note said that $3M paid in June quarter and $17M paid in July 2020 ( should be in account in Sep quarter report ).
 
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