RSG 2.56% 40.0¢ resolute mining limited

Who likes Porkies, page-72

  1. 348 Posts.
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    Who is to say the CR money didn’t go to Ravenswood... the new circuit was 41mill alone, capex Is big for Ravenswood as well (check out their website for Ravenswood feasibility study) , yes they decided not to spend money to continue underground, rather they are transforming their open pit scenario to over 5mtpa as we ramp up... when you say they they took the money from Ravenswood and spent it on Syama that is false, in fact both projects needed a lot more capital then what was raised.

    I’m really not sure of your agenda here.. for someone who is not invested you sure spend a lot of time on this forum... if I wasn’t invested I just couldn’t be bothered.
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