RSG 0.43% 58.8¢ resolute mining limited

Hi Hope, As one value investor to another - you sound overly...

  1. 205 Posts.
    lightbulb Created with Sketch. 27
    Hi Hope,
    As one value investor to another - you sound overly attached to RSG. Yes, there is potential upside if Bibiani is sold / Ravenswood resold / Syama starts performing. But compare that against the risks of ongoing poor Syama performance, capital requirements for Syama oxide, Mali instability, Mali tax issues, large debt etc. Value is more than just a cheap stock, it’s when the upside potential far exceeds the downside risk.
    I genuinely hope hope I’m wrong and you are right about RSG, but I would encourage you to weigh it up against alternatives. IMHO there are better value gold stocks on the ASX.
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
58.8¢
Change
0.003(0.43%)
Mkt cap ! $1.245B
Open High Low Value Volume
58.0¢ 59.0¢ 57.5¢ $327.4K 564.5K

Buyers (Bids)

No. Vol. Price($)
16 222179 58.5¢
 

Sellers (Offers)

Price($) Vol. No.
59.0¢ 1331163 37
View Market Depth
Last trade - 10.28am 05/07/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.