RSG 5.42% 43.8¢ resolute mining limited

It must be rocket science As so many can't understand. All $180...

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. 5,747 Posts.
    lightbulb Created with Sketch. 120
    It must be rocket science
    As so many can't understand.

    All $180 million cash and $178 million debt
    Have gone on the underground.
    Plus more when you think almost 600 k oz
    Produced over the last 2 years have been for nought.

    The underground mine is feeding the sulphide plant only.

    September report stated that it was a milestone to be using stoping ore
    and cave ore was to be added in December.
    It also stated after the roaster shutdown
    That improvement in recovery rates were already being seen.

    To then produce 21k oz is absolutely poor.
    Shockingly low, incredibly disappointing.

    To not think something is wrong is to ignore the facts.

    Cheers
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
43.8¢
Change
0.023(5.42%)
Mkt cap ! $1.543B
Open High Low Value Volume
42.5¢ 44.5¢ 42.0¢ $5.923M 13.60M

Buyers (Bids)

No. Vol. Price($)
32 756117 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 1225341 69
View Market Depth
Last trade - 12.19pm 29/11/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.