RSG 0.00% 40.0¢ resolute mining limited

Updated Valuation and SWOT - RSG, page-75

  1. 20,035 Posts.
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    Wrt GRR, it was timing. I got into this one a few months before that idiotic KRUDD mining tax but glad I got out with no loss in the end from memory!

    It is timing because anyone holding into the 2016 IOP low would still be under water.

    Agreed it is all about margin and not revenue, LOM, reserve and all the good fundamentals. Hence why the attraction of very low margin producers betting on a good commodity price to leverage up the valuation off a low base.
 
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