RSG 0.74% 68.5¢ resolute mining limited

It is obvious to me that management Have made bad decisions....

  1. 8,033 Posts.
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    It is obvious to me that management
    Have made bad decisions.
    More obvious is bad forecasting.

    Others appear to not see it.

    But I think it is crazy paying out divvy
    While taking on an extra $100 million in debt.
    I look back at the last CR
    It should have been the opportunity to
    Fully fund upgrades....not just Syama
    But Ravenswood as well.

    I see dilution as the main reason to wait and see how things pan out.
    It appears to me that there is a big chance
    Of a bad quarterly..little chance of a good one.

    Cheers
 
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