RSG 4.82% 43.5¢ resolute mining limited

Ann: Production Update December Quarter, page-30

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  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    Just the beginning people.

    Syama sulphide contributed only 21,554ozs to the 73,691oz quarterly result.

    When the Syama UG mine hits the planned 200k/t per month production level and 85% recovery, gold production should rise to more like 50,000oz/quarter, which based on this quarters production for Syama oxide and Ravenswood would have given a quarterly result of 102,000ozs (or about 400,000ozs annual equivalent???)

    Something definetly went right with Tabakoroni this quarter and if Tabakoroni is like PRU's Sissingue pit the grades get better with depth.

    If you haven't caught onto the potential sitting here with RSG, you probably never will, if you have, you are feeling a whole lot more confident today. Just need the final few parts of the puzzle to fall into line in the coming two quarters and we'll have a company that will soon be putting its peers on notice. Market, as usual, is being a bit slow to reward this result. Patience. Esh
    Last edited by eshmun: 07/01/19
 
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