RSG 0.81% 61.0¢ resolute mining limited

If you hold for a few years and they get to 500koz per year and...

  1. 6,777 Posts.
    lightbulb Created with Sketch. 260
    If you hold for a few years and they get to 500koz per year and by that stage hopefully debt paid off if should be about $3 is my guess + or - depending on POG.
    My reasoning is a 7oo million MC 500koz producer is unheard of, hence the value in RSG, some are scared off by the risk and or capex of the upgrades and automation, but if the pull it off which i think the will they are in for big gains over the next few years.
    Should be back in the money within 6 months easy anyway i fell
 
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61.0¢ 62.0¢ 60.5¢ $4.257M 6.968M

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61.0¢ 7201 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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