Production guidance 430000 oz
Current gold price us1700 oz
Production cost us 980
Net profit us 720 oz
Profit US 310 million
Profit Aus $ 450 million
Rough calculations on current gold price and currency valuation, but one would assume RSG is extremely undervalued on production figures and production costs provided by the company. Will be interesting to see the profit the company makes in the next quartly announcement.
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resolute mining limited
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RSG $450 Million profit forecast
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