This is excellent news and perfect timing for the company. They are selling their highest cost per oz of gold asset (1200us$) which will improve substantially their margins going forward.
They are getting a much needed (to invest in capex for their lower cost assets) 100M au$ of upfront value while preserving their right to a huge upside potential of 200M au$. IMO a great move by management.
- Forums
- ASX - By Stock
- RSG
- Ann: Sale of Ravenswood Gold Mine
Ann: Sale of Ravenswood Gold Mine, page-2
-
- There are more pages in this discussion • 93 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
43.0¢ |
Change
0.040(10.3%) |
Mkt cap ! $915.4M |
Open | High | Low | Value | Volume |
39.5¢ | 43.5¢ | 39.5¢ | $7.890M | 18.87M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 50000 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 111352 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 50000 | 0.425 |
5 | 109618 | 0.420 |
4 | 345462 | 0.415 |
5 | 297443 | 0.410 |
3 | 63912 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 111352 | 4 |
0.435 | 504581 | 10 |
0.440 | 839655 | 16 |
0.445 | 515075 | 9 |
0.450 | 803701 | 13 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
|
|||||
Last
43.0¢ |
  |
Change
0.040 ( 11.3 %) |
|||
Open | High | Low | Volume | ||
39.0¢ | 43.0¢ | 39.0¢ | 4833554 | ||
Last updated 15.59pm 29/03/2024 ? |
Featured News
RSG (ASX) Chart |