RSG 0.00% 40.5¢ resolute mining limited

Ann: Mining Indaba Presentation, page-4

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  1. 289 Posts.
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    Still happy to hold on for what should be a good ride, but some of the management decisions leave me a little perplexed. The key one is why this hybrid system when they apparently had a powerline arrangement in place. From the discussion I had with a former Syama mining engineer pre Christmas they had an arrangement with the Govt and reliable power that was to come from the neighbouring countries and was backed by the World Bank. Surely that would have been a cheaper and possibly cleaner option. All this innovation and new ways of doing things? This looks like a great gold mine in a difficult part of the world, don't make it harder than it is. Already been 6 months of delays. they need to keep things simple.
 
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