RSG
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0.00% 52.0¢ resolute mining limited

Can't argue with that - RSG operations are not cash positive...

  1. Lithos
    892 Posts.
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    24/01/21
    15:34
    Post #: 50408488
    Can't argue with that - RSG operations are not cash positive clearly by their own admission, even with low levels of sustaining CAPEX. Need to deliver on the reduction in ASIC, which will be driven by the Sayma plant utilisation (low in 4Q20) and recovery levels (<85%). Basically, it now needs to be a turn-around story.
    Last edited by Lithos: 24/01/21
    RSG Price at posting: 71.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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