I see it as a wise move
They are deep in debt
with plenty more to spend at Syama
As I Said Ravenswood would be better on C and M
as there is no money to do the expansion.
and it would be years of losing money.
I see $80 million as a fair price
but getting someone to pay itis another thing.
So much for 500k oz
Syama underground has been a killer.
Share price has dropped 40% since 2016
Resolute to sell Ravenswood, page-6
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