Yes, seems like the company management has invested a significant amount of cash into this mine. Perhaps with some luck, they will have better production efficiency. I think that with a large operation at Syama, they will be able to generate substantial output. They have started to extract underground ore at Syama so the annual output will head towards the goal in 2020 of 500koz. More shorter term pain but the tough days are likely behind us. Here's hoping!
RSG Valuation as at 25 May 2018, page-4
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Last
68.5¢ |
Change
-0.020(2.84%) |
Mkt cap ! $1.458B | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 69.0¢ | 66.5¢ | $9.084M | 13.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 260376 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 83231 | 1 |
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| RSG (ASX) Chart |