RSG 4.22% 43.3¢ resolute mining limited

Resolute to sell Ravenswood, page-17

  1. 6,436 Posts.
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    mmm the read through for me is that capex is overrunning or nearly so - so they want to get the capex demand of ravenswood off the books


    not an ideal time in that respect - theyd get better value if the new operation was up and running


    do think a buyer will be found however - 12 months ago i suggested SBM.   Still think they'd be a natural acquirer

 
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