RSG resolute mining limited

December quarter

  1. 12 Posts.
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    I would like to highlight these statement which was announced in December quarterly report:

    Senegal Dividend and Withholding TaxesIn December 2020, Resolute’s Senegal subsidiary Petowal Mining Company SA (PETOWAL) declared and paid its first dividend following the successful and early repayment of all loan balances to its parent companies. The dividend8 declared of XOF52.5 billion (US$97.0m) was allocated to its shareholders, Resolute (90%) and the Senegalese Government (10%). As a result, a 10% withholding tax of CFA5.3 billion (US$9.7m) was paid to the Senegalese Tax Authorities on the dividends declared.Moving forwards funds transfers from Senegal will be by way of dividends from PETOWAL which will result in dividend payments of 90% to Resolute and 10% to the Senegalese Government after the payment of 10% withholding tax on dividend to the Senegalese Tax Authorities.
    please read those highlighted points carefully, does it says that (US$97.0m) is on its way to resolute.
    and if it is then it’s a great . This can be clarified by calling interim Managing Director (Stuart G).
    till then wish you happy buying↗️

    GinBaba.
 
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(20min delay)
Last
84.5¢
Change
0.005(0.60%)
Mkt cap ! $1.799B
Open High Low Value Volume
82.5¢ 84.5¢ 81.8¢ $8.668M 10.36M

Buyers (Bids)

No. Vol. Price($)
1 6000 84.0¢
 

Sellers (Offers)

Price($) Vol. No.
85.0¢ 40178 4
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Last trade - 16.19pm 18/09/2025 (20 minute delay) ?
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