My reality lesson was SLR at the time could not go wrong when gold came off that $1900 high. Although I didn't buy in the end, I contemplated for a long time as they went from grade to through put + takeovers. As the POG fell aggressively so did the valuation.
I don't know the history of RSG but that cycle also pulled the valuation down as price collapsed! This strategy on Syama being an UG mine does not have a lot of tolerance to any opex issues though so it has to be very optimised mining.
Updated Valuation and SWOT - RSG, page-77
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Last
41.3¢ |
Change
0.008(1.85%) |
Mkt cap ! $1.543B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 40.3¢ | $9.211M | 22.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 578704 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 1180134 | 39 |
View Market Depth
| Last trade - 13.39pm 22/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |
