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.
My reality lesson was SLR at the time could not go wrong when...
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $1.543B | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.5¢ | 37.5¢ | $22.35M | 57.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14881 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 668567 | 8 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |
