Sam,
you are again incorrect. gold price for the gold payment tops out at A$1.900/oz. Well below current A$ gold prices and almost certain to be payable. certainly not “above record highs” as you claim.
also the main approvals (including EPA) for the immediate mine plan at Ravenswood are all in place. The potential “super pit” concept is something else but not part of RSG upside.
Talking of super pits - have you ever been to Kalgoorlie? Take a look how close the pit is to the town and you will answer your qu about realistic expectations on the mine going ahead. The answer is Yes.
agree the money will not come to RSG anytime soon, but it is still valuable asset.
RSG - BUY, SELL OR HOLD, page-42
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Last
82.8¢ |
Change
0.028(3.44%) |
Mkt cap ! $1.724B | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 83.0¢ | 80.0¢ | $8.405M | 10.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 232426 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 776912 | 62 |
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| Last trade - 13.42pm 16/10/2024 (20 minute delay) ? |
| RSG (ASX) Chart |