Originally posted by ozblue Resolute short interest was over 10%...

Originally posted by ozblue
Resolute short interest was over 10% last July. It has fallen to around 2% at present. Shorters have been covering at the low prices seen towards the end of last year and don't seem keen to short at these levels.

IMHO we need some news on current production, or exploration results, or debt repayments to really lift the SP, and/or a lift in Gold prices.

We probably need to wait until after quarter end to get increased production numbers, but it should underline how cheap we are when they happen.

Despite all the noise from @samcharlotte77 I believe he/she is correct in that directors should be showing some leadership by buying on market, and not just token amounts. If they believe in the company, then put their money (our payments to them), into it as an investment. If they don't believe in the company then move on...​

A good presentation by Terry below. There’s a lot of work going into debottlenecking and derisking the operations. There’ll be 3 open pits going at Syama to provide flex and there’s going to be some open pit sulphide material to supplement the underground - all with the intention of choking the mills which they have debottlenecked. All this should lead to greater and more consistent production albeit they will get hurt by price of oil/energy.

Next bit of news hopefully is an updated reserve of the Syama North open pit sulphide material... with the intention of exploiting this from Q3.

https://youtu.be/a7WGzuNB9eQ