RSG 3.13% 38.8¢ resolute mining limited

Whats Wrong, page-37

  1. 444 Posts.
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    Though I also need to add that the spending is not restricted only to Syama but also on Ravenswood and a few purchases of significant holdings on other gold mining companies in the same period.

    I think when the numbers stack up, it is still not the most flattering on the management in delivering on their guidance. However, their gold production was underperforming. 2017 FY exceeding guidance by 10% and 2018 FY underdelivered around 10%.

    Not being an RSG apologist totally but I still think the outcry against the company is overblown.
 
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