RSG 5.38% 61.5¢ resolute mining limited

some calculations

  1. 20,398 Posts.
    lightbulb Created with Sketch. 1990
    This half cash flow estimates on RSG projections
    160x ( 1180-1700) = 83.2 m AUD
    Next year if we assume 390k production ( pre Syama prod upgrade ) at 1200 AUD ( Likely to be lower ) that is 195 m cash flow for a market cap of 845 and an EV of 700. Now 2018 calendar year will see gold circuit draw down ( let’s assume 30k ) and let’s alao assume RSG enters jan 2019 with 80 m cash and bullion( I think it will be 100-110 ) . Then we could see cash build up to over 300 m AUD be end of 2019 ( have allowed 40 m for other expenses )

    One question that I have for the more geologically advanced - what is the approximate cost of the carbon roaster gold circuit extraction per ounce poured. If we drew 30k oz ( 51 m AUD) what will the Margin be 40m ? 35m ? I imagine it would be low as gold ore already mined and crushed but can’t find any discussion on how high the margin will be
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
61.5¢
Change
-0.035(5.38%)
Mkt cap ! $1.309B
Open High Low Value Volume
64.0¢ 64.8¢ 61.0¢ $6.159M 9.878M

Buyers (Bids)

No. Vol. Price($)
7 97876 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.5¢ 35050 2
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.