I believe in what I've said. We already have a 14 year mine life at Syama which could easily be increased.
We could add the 115koz/annum that Ravenswood promises by scaling Syama from 2.4Mt to 4.0Mt. That's equivalent to the 139koz/annum (before Mali government share) at the reserve grade of 2.7g/t. The resources are there to allow this level of scaling.
I'd don't want production scale for production scale's sake. That's the mistake gold companies made last time, b trying to grow at any cost.
The faster we get FCF from Syama, the more flexible and secure RSG becomes.
If someone offered to throw more than $187.5 million cash at us for Ravenswood I'd be taking it. I doubt that it is worth very much more than that on a de-risked basis. Esh
- Forums
- ASX - By Stock
- Bottom here?
I believe in what I've said. We already have a 14 year mine life...
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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) ? |
Featured News
RSG (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online