Flogging off assets is never a good sign
But with gold at $1450..it could be worse.
Obliviously nobody is buying Ravenswood.
If the Sulphide plant was to produce as stated they would have at least $150 free cash
per year...
That would fund Bibiani in 2 years.
They had $121 million cash last quarter as well.
Why do they need more cash ????
I am happy with current debt level at $340 million..
as I think Mako is worth at least that much
I don't like this announcement at all
Cheers
Ann: Strategic Review of Bibiani Gold Mine, page-4
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Last
40.3¢ |
Change
-0.028(6.40%) |
Mkt cap ! $851.6M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 39.5¢ | $9.799M | 23.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 490957 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 778624 | 46 |
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| Last trade - 14.08pm 14/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |