Australia's largest stock trading and investment forum Australia's #1 stock forum

RSG

Click for more information

1.23%

40.0¢ resolute mining limited

Bottom here?, page-587

First 587 Last

Share
Profile

Follow
eshmun

11,185 Posts.

2609

13/01/19

11:21

Post #: 37099739
Share

Originally posted by worzel1 ↑

"Provide a retort that contains facts or disappear"......thanks for the polite request.

From my modelling I was expecting about 30kozs in Q2 with Q3 forecast of 37.5kozs and Q4k of 45kozs. It is only a forecast so was expecting some variance.... but my low level expectation was 25-26kozs.......At 21kozs the years forecast is very unlikely to be met.

Using your reasoning - that you kindly reminded me of - for supporting the Q2 result as meeting expectations, and extrapolating forward on the same basis ,I get Q3 at 30.5kozs and Q4 at 42kozs - when I use very optimistic parameters...So total for the year of 112kozs or about 20% short of forecast. This assumes everything from here going forward goes according to plan, so the shortfall is due entirely to the first 2 qrts......Hence my continued belief that Q2 was a shocker.

I'd be interested in what your expectation for Q2 was prior to the result, what you expected for Q3 and Q4, and how this has now been revised?

....so to coin a phrase...."Provide a retort that contains facts or disappear"

Expand

I explained where I got my numbers from. Please explain where you got the numbers for your modelling? They seem to have just popped up from thin air.Esh

Last edited by eshmun: 13/01/19

RSG Price at posting: $1.15 Sentiment: Buy Disclosure: Held
4 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

AXP

Tambourah chases gold veins and mineralisation extension with drilling

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

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

There are more pages in this discussion • 124 more messages in this thread...

First 587 Last

Add RSG (ASX) to my watchlist

(20min delay)
Last 40.0¢		Change -0.005(1.23%)		Mkt cap ! $1.543B

Open	High	Low	Value	Volume
40.5¢	40.5¢	37.5¢	$22.35M	57.19M

Buyers (Bids)

No.	Vol.	Price($)
2	14881	39.5¢

Sellers (Offers)

Price($)	Vol.	No.
40.0¢	668567	8

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 - 16.10pm 25/11/2024 (20 minute delay)

RSG (ASX) Chart

SPONSORED BY