RSG 6.02% 44.0¢ resolute mining limited

Ann: Quarterly Activities Report, page-32

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. 1,246 Posts.
    lightbulb Created with Sketch. 88
    The sulphide plant has had insufficient feed from underground at this stage and operated on a head grade of 1.7 g/t this Q so the reason it's underperforming is obvious .
    As more underground ore becomes available and they cease to rely on low grade stockpiles the head grade will go up and seems recovery as well .
    (When they've used solely u/g ore it's operated +85% recovery .)
    Operations at Syama have turned the corner but improvement will be gradual for a couple of quarters with commissioning and ramping  .
    At this stage I'm not seeing any indications of technology etc not working so presumably all looking good at this stage for a decade of steady underground production .
    Not seeing any reason to be so fixated on something that is at present predictably bad but soon to change .
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
44.0¢
Change
0.025(6.02%)
Mkt cap ! $1.543B
Open High Low Value Volume
42.5¢ 44.5¢ 42.0¢ $3.080M 7.081M

Buyers (Bids)

No. Vol. Price($)
24 510686 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 745648 33
View Market Depth
Last trade - 10.39am 29/11/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.