RSG 1.89% 54.0¢ resolute mining limited

Shiit this is shaping up nicely. Strong 6 month support at just...

  1. 119 Posts.
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    Shiit this is shaping up nicely. Strong 6 month support at just above $1

    Market cap is only about 2.5x cash in the bank. Yes they have some capex this FY, so dont expect a stellar year profit wise, should just be Okay, but moving into FY19 EV/ NPAT that year will be cheap as motherfucking chips, (like a few times), and very long mine life and great management. I would say this is in the bargain bin.

    Chart wise looks ready to breakout if the old POG can cooperate and Friday night it certainly did. Bring on Monday. FA and TA both looking good combined now. rsg.png
 
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54.0¢
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52.5¢ 54.0¢ 52.0¢ $4.253M 7.970M

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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
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