Looks primed for a good run in 2011.
- Equity raising has eradicated hedge liability
- 380k oz of gold expected in 2011 (may surprise on the upside)
- Low valuation comaparative to other > 200koz/pa producers
- Good takeovr target for majors looking to consolidate in a bull market for gold, especially given it's portfolio of assets in Africa.
Options might be worth a look also. They trade under code RSGO. Currently no time premium attached. You can verify that here:
http://www.tradingtoday.com/black-scholes?callorput=c&strike=0.6&stock=1.385&time=358&volatility=16.86&interest=4.75
Bit concerned about liquidity risk though. Can pick some up at 79 cents currently. A good buy if you can get them below intrinsic value.
Might pick some up if there is any price weakness in the comind days/weeks.
rsg looks primed for a good 2011
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
61.5¢ |
Change
0.035(6.03%) |
Mkt cap ! $1.298B | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.5¢ | 59.0¢ | $5.904M | 9.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 148752 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |