RSG 1.23% 40.0¢ resolute mining limited

I tend to leave the details for others who are more qualified...

  1. 2,900 Posts.
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    I tend to leave the details for others who are more qualified and try and look at the bigger picture.


    While the company has stated that Syama is on track does it matter if ramp up to commissioning is slower than expected? Production guidance was maintained so either Syama is on track or Tabakaroni continues to exceed expectations. If it has to be that Syama full production comes in in July instead of June well that's a month to wait for a fully automated, low cost, highly profitable, tier 1, long life asset. Is that a problem? If not saying full production will be delayed just that if it is well if you look at the bigger picture who cares?


    If you want to talk about underperformance (in your opinion) then why ignore outperformance at Tabakaroni? Production for the quarter was very impressive but somehow people are talking about the quarter in terms of negativity. In my experience a poor quarter tends to be followed by a poor quarter and the reverse for good quarters. I expect Tabakaroni therefore to continue to outperform next quarter.


    So production this quarter is good. Annual guidance maintained. Gold price good. AUD gold better than good. Oil price down.Tier 1 asset coming shortly.


    Yet somehow RSG has a negative cloud over it and this forum.

 
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