RSG 1.23% 40.0¢ resolute mining limited

Esh,I have questioned RSG on the Pre-production capital of US$95...

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    Esh,


    I have questioned RSG on the Pre-production capital of US$95 million and they refereed me to the July 2018 update where they reconcile the US$95m pre production number in Table 1:


    https://www.asx.com.au/asxpdf/20180703/pdf/43w7mvmk0cgy8z.pdf


    Looks like they actually spent $116m pre production. I assume the difference was automation or other mine design changes as explained in the DFS update. Unlike others I accept that improving the mine, making it lower cost, and mining an extra million ounces is likely to cost more capital. 


    J9


 
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