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4.82% 43.5¢ resolute mining limited

I see it as a wise move They are deep in debt with plenty more...

  1. colinchi
    5,747 Posts.
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    08/01/19
    09:45
    Post #: 37052551
    I see it as a wise move
    They are deep in debt
    with plenty more to spend at Syama

    As I Said Ravenswood would be better on C and M
    as there is no money to do the expansion.
    and it would be years of losing money.

    I see $80 million as a fair price
    but getting someone to pay itis another thing.

    So much for 500k oz

    Syama underground has been a killer.



    Share price has dropped 40% since 2016
    Last edited by colinchi: 08/01/19
    RSG Price at posting: $1.20 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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