RSG 4.82% 43.5¢ resolute mining limited

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  1. 5,747 Posts.
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    Casting doubt and posting reasonable negatives is very important.
    We all should be thankful for those with negative views.
    I am not saying it will change your view but seriously consider opposing views.
    Posts that just confirm what you already believe do nothing to expand your view.

    The views of people that think differently than me will probably alert me earlier
    if I have made wrong judgements or calculations. At worst it will make me research more.
    Which is a good thing.

    Placing posters on ignore is a poor replection of a person.
    It appears one cant face the prospect of being wrong...
    shows a pretty low tolerance to those of a different opinion.

    I still read Eshmans posts....He doesnt read mine....
    Even though most of the time he is
    Just ramping .....Trying to find a positive when there is none.

    It is clear to me ...if not others that management have done
    a really poor job of informing investors to what is going on.

    There had never been a costing for the Syama upgrade.
    Where and when did autonomous vehicles become part
    of the upgrade. How can they set a budget for 12 months
    and have it exceeded by more than $50 million.
    without an explanation.

    How can they hold guidance at 300k 3 quarterlys ago
    then reset guidance the next quarter
    Nothing happened during that quarter.
    Just what would have been expected.

    Last quarter guidance reaffirmed at 300k
    After 55k oz....upgrade will not be complete this quarter.
    Maybe start up in the next quarter but it will all take time.
    ...I suggest 300k is pie in the sky.

    Cheers
    Last edited by colinchi: 24/11/18
 
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