RSG 0.00% 40.5¢ resolute mining limited

Might issue 50m for London listing? The blow out in capex has...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,256 Posts.
    lightbulb Created with Sketch. 99
    Might issue 50m for London listing? 

    The blow out in capex has hurt sentiment here. They should've been much more forthright explaining the increase is largely to do with full automation in the UG (which was an option in the DFS from memory but not confirmed?). I don't actually believe it is bad planning / budgeting as much as deciding to go all in on the automation up front, but overlooking their duty in communicating this clearly to the market. Or perhaps a bit of both. That is my hope at least. 

    Director front running bad news... POS. At least JW sets a good example on the trading front. Still dont think hes sold a share.

 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
40.5¢
Change
0.000(0.00%)
Mkt cap ! $1.543B
Open High Low Value Volume
42.5¢ 43.0¢ 40.3¢ $13.76M 33.48M

Buyers (Bids)

No. Vol. Price($)
19 923356 40.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 579726 3
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.