RSG 0.70% 70.5¢ resolute mining limited

re: ## red alert ##to probing sorry for giving you a seizure...

  1. 2,572 Posts.
    re: ## red alert ##to probing sorry for giving you a seizure watso
    I didn't mean to imply that RSG holds shares in SMM or EME, only that the notional value of their holdings (either shares of jv %) is approx $65M
    ie
    say 80% of SMM market value is in the 2 jv sites with RSG approx 50% @ SMM sp of 79 = about $56m
    41% jv in EME would be equivalent to $6m odd
    15m BLN shares @ 14.5c = $2.2m
    So total value of around $64 . . . 228m RSG shares . . . 28 cps
    I guess I will need to be less economic with words in future
 
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