RSG 0.00% 54.0¢ resolute mining limited

If I had one definitely not, there still plenty for it to run...

  1. 3,502 Posts.
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    If I had one definitely not, there still plenty for it to run yet whats the catalyst for it to suddenly rise, I could give you 10 fundamentals for it to fall. Not much fundamental support here other than posters saying its too cheap. I was saying the same thing at $1.40 looking for an entry point but listened to a few old posters from here and just observed. There was wiggle room then. That luxury gone now. Debt sky-rocketed production dropped and costs have risen considerably. With a MC not much more than debt and tax liabilities the government claiming and losing money on every once they produce its fair to say if I did hold a short position i would sleep comfortably. Could be a reason BHP were so happy to dump Syama. If they could not get it to work whats the chances of RSG. How much has RSG spent on Syama and how much profit has it produced
 
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