Well it seems that @eshmun was correct. Value didn't mean all cash. But those who suggested that the rehabilitation cost would be included in the 'value' were a bit suspicious. Rather it's a promissory note for $50m plus $50m immediate cash. The promissory note will be paid, maybe in 7 years time but at 6% interest, which is $75m in seven years and better interest than you can get from the bank.
The $200m of contingent upside includes $50m of gold price contingency the top tier of which is $140/oz in the money at spot. So you would have to back the company to get this payment.
The $150m contingent upside seems reliant on a disposal by EMR. Not sure about this and would welcome other input.
Cheers,
Tim
- Forums
- ASX - By Stock
- RSG
- Ann: Sale of Ravenswood Gold Mine
Ann: Sale of Ravenswood Gold Mine, page-12
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RSG (ASX) to my watchlist
(20min delay)
|
|||||
Last
53.5¢ |
Change
-0.010(1.83%) |
Mkt cap ! $1.117B |
Open | High | Low | Value | Volume |
53.0¢ | 53.5¢ | 52.0¢ | $3.027M | 5.737M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 162733 | 53.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.5¢ | 233727 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 170673 | 0.530 |
11 | 372802 | 0.525 |
12 | 510339 | 0.520 |
7 | 932112 | 0.515 |
10 | 299001 | 0.510 |
Price($) | Vol. | No. |
---|---|---|
0.535 | 330779 | 9 |
0.540 | 118669 | 5 |
0.545 | 197716 | 8 |
0.550 | 89511 | 3 |
0.555 | 71676 | 2 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
53.5¢ |
  |
Change
-0.010 ( 2.03 %) |
|||
Open | High | Low | Volume | ||
53.0¢ | 53.5¢ | 52.0¢ | 3533208 | ||
Last updated 15.59pm 05/06/2024 ? |
Featured News
RSG (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online