RSG

0.00%

40.5¢ resolute mining limited

I appreciate your long and detail analysis of AQG Esh. Thank you...

First 95 Last

Share
Profile

Follow
SoConfused

154 Posts.

36

08/02/19

13:52

Post #: 37376885
Share

Originally posted by eshmun: ↑

No double standards. I have looked at AQG and their DFS. The project's production profile might be long but production drops off quickly soon after the projected debt pay back period. The projects IRR is also very low.

I have also said in the past that I don't trust the pressure oxidisation process as gold recoveries are very sensitive to the levels of residual sulphide sulfur. Differences as small as 0.05% residual sulfur can make the difference between good and poor gold recoveries in the final neutralisation and CIL circuit.

I also see having twin autoclaves as a risk because if either one runs into problems sulphide ore production will be halved overnight. If the project runs into teething problems or one of the autoclaves goes down or is slower to ramp up during the debt repayment period the very high amount of debt this company carries will become a very significant problem and could disrupt the long term cash flow assumptions (ie value assumptions) and negatively effect the internal rate of the return of the project even further from its already low level.

From a political perspective I also see Turkey as being more unpredictable than Mali as it plays and has always played a central balancing role between the middle east and Russia. It has unambiguously proven lately to be no friend of the US and tensions with Russia have persist over Syria until recently, with the US withdrawal from Syria, the relationship is thawing again and a new alliance is being forged.

https://www.middleeasteye.net/opinion/dangers-turkeys-deepening-relations-russia

This just puts the likelihood of more conflict between Israel and the proxy forces of Iran on the table in the middle east going forward, so more potential for conflict between the "East" and the "West" with Turkey at the centre of the east west power balance. I don't think the US can stay out of the middle east for long.

In anycase you are all free to invest your money wherever you please. AQG is not for me based on a number of risk factors and longer term value drivers. Esh

Expand

I appreciate your long and detail analysis of AQG Esh. Thank you for taking time.

This is only in my opinion, not offered or to be taken as financial advice, DYOR

RSG Price at posting: $1.03 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

C1X

iTech inks deal with Chilean lithium giant to progress Reynolds Range

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

CMB

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

CAF

IP anomaly thrills Cannidah with project extension hopes in QLD

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 25 more messages in this thread...

First 95 Last

Add RSG (ASX) to my watchlist

(20min delay)
Last 40.5¢		Change 0.000(0.00%)		Mkt cap ! $1.543B

Open	High	Low	Value	Volume
42.5¢	43.0¢	40.3¢	$13.76M	33.48M

Buyers (Bids)

No.	Vol.	Price($)
19	923356	40.5¢

Sellers (Offers)

Price($)	Vol.	No.
41.0¢	579726	3

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 22/11/2024 (20 minute delay)

RSG (ASX) Chart

I appreciate your long and detail analysis of AQG Esh. Thank you...

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

iTech inks deal with Chilean lithium giant to progress Reynolds Range

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

IP anomaly thrills Cannidah with project extension hopes in QLD

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I appreciate your long and detail analysis of AQG Esh. Thank you...

Top Stories

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

iTech inks deal with Chilean lithium giant to progress Reynolds Range

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

IP anomaly thrills Cannidah with project extension hopes in QLD

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News