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0.00% 52.0¢ resolute mining limited

News on Bibiani sales

  1. jayneen
    1,198 Posts.
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    24/03/21
    20:19
    Post #: 52016177
    Gee I wonder what connections or influence Gale (or any of the Directors) have in Ghana.
    it would appear not a lot.
    say what you like but this would never have happened with Welborn in charge.
    Africa is about relationship and history.
    Hopefully they can get some good advisors and/or lawyers involved and sort this out!

    RSG Price at posting: 63.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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  3. newB
    6,870 Posts.
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    24/03/21
    20:38
    Post #: 52016553
    I wonder shareholders should "sit and relax" as you do, everything is NOT fine: the $100m value is now gone with the termination.
    Resolute will have to deal with the counterpart Chinese ChiFeng, refunding the $US5m deposit and potentially default penalty on top of it.

    RSG Price at posting: 63.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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52.5¢ 52.5¢ 51.5¢ $2.700M 5.188M

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