Ann: Change in substantial holding, page-43

First 43 Last

Share
Profile

Follow
Goldfarm

296 Posts.

8

12/02/19

07:28

Post #: 37405353
Share

Originally posted by jayneen: ↑

errr - I think you will find they have moved from development into production. Management are now reporting tonnes of ore mines and milled as the key statistic. They have “developed” the 15km of decline and draw points and tunnels required to start the cave. Do you want them to keep reporting on a statistic that is no longer relevant?

perhaps you should identify that they no longer report on the tonnes mined at the northern satellites (now closed) and accuse them of hiding critical information?

The relentless focus on the identification of management malfeasance is, in my view, totally unwarranted in this company.

perhaps it is a product of current political discourse which separates one party to another by an idealogical divide that precludes any assumption other than the other side are cheats, scoundrels, and charletans.

my assessment is this company and it’s management are that they are very honest, very capable, and are trying very hard to make a success of the company for the benefit of shareholders.

Conspiracy theories aside I see no reason to doubt managements intergrity.

in any case, the company has very clear disclosure on all key metrics in order to make a value assessment (tonnes, grade, recovery, cash, bullion, earnings, cashflow, debt).

In the the next six to nine months the truth will out.

The market, and many posters, are either confused, scared, or actively backing them out (shorting).

Personally I am backing them in and going long. This is exactly the opportunity I look for: a story discounted in the market which I think will come good.

Lets see what happened from here.

as always, good luck!

J9

Expand

Great post. Could not agree more. I am continuing to buy at these levels.

RSG Price at posting: $1.07 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ATM

ASX's new CHESS replacement set for 2026. Just ignore ASIC's lawsuit

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 18 more messages in this thread...

First 43 Last

Add RSG (ASX) to my watchlist

(20min delay)
Last 40.0¢		Change 0.000(0.00%)		Mkt cap ! $1.543B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	46668	44.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	81295	1

View Market Depth

No.	Vol.	Price($)
1	20000	1.245
14	458433	1.240
12	312067	1.235
6	139692	1.230
6	131961	1.225

Price($)	Vol.	No.
1.250	371388	17
1.255	220916	10
1.260	134993	10
1.265	104166	6
1.270	38032	5

Last trade - 09.39am 26/11/2024 (20 minute delay)

RSG (ASX) Chart

Day chart unavailable

Ann: Change in substantial holding, page-43

Top Stories

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ASX's new CHESS replacement set for 2026. Just ignore ASIC's lawsuit

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Buyers (Bids)

Sellers (Offers)