After the successful cap raising late last year I'm anticipating RSG to have further reduced their 'net Debt' figure by another ~$11m-$14m (USD) in the Dec qtr..... bringing it down closer to $30mil (USD).
We are also expecting to receive the updated AISC for 2023 this month.
Looking through their recent Nov preso - Syama production has been turning a corner since the plant upgrade. I'm hoping to read through a quality PFS with a plan on how the company will replace the Oxide gold production (65k-70k ounces a year) which will cease in 2025. They have a massive reserve (3.4m ounces at Syama) so there is plenty of gold to replace that.... plus they still have ~2-3yrs up their sleeve to create and execute a transition/expansion plan.
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After the successful cap raising late last year I'm anticipating...
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