RSG 3.77% 55.0¢ resolute mining limited

After the successful cap raising late last year I'm anticipating...

  1. 3,115 Posts.
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    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.

    https://hotcopper.com.au/data/attachments/4954/4954770-93a2fe3dc0d854fa8960fb4c4a6f6761.jpg
    Last edited by timbin4: 09/01/23
 
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Last trade - 16.10pm 29/05/2024 (20 minute delay) ?
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