RSG 5.60% 66.0¢ resolute mining limited

Not wanting to rain on anyone's parade , but i understand that...

  1. 317 Posts.
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    Not wanting to rain on anyone's parade , but i understand that things are NOT going well at Syama.
    Equipment problems ( esp grinding mills) , staff turnover and difficulty in attracting skilled staff, plus continued technical glitches may make the Syama ramp up both protracted and difficult .
    In addition, this is only the oxide part of the plant I am discussing. The sulphide circuit, and associated roaster commissioning is technically more difficult and hasn't commenced yet.Remember, 2 previous companys, both bigger and with more technical clout, have4 had a crack at Syama.
    By all means buy RSG if you feel it is worth it based on their other operations, but I would council caution before counting in a large Syama gold contribution just yet.
 
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