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Share Name | Share Symbol | Market | Stock Type |
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Resolute Mining Limited | RSG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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21.20 | 21.00 | 22.00 | 21.50 | 21.50 |
Industry Sector |
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MINING |
Top Posts |
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Posted at 15/11/2024 21:54 by robizm Sceptical investor I have shares in African miners and have never had a problem. Africa is a continent of over 50 different countries and some like Namibia and Botswana have excellent relations with miners. Mali has recently paid off all of their foreign debt which if they were pocketing the cash would be pointless. I don’t condone what they are doing as it cost me money but over the years have seen many sectors suffer from the US changing online gambling to the windfall tax. |
Posted at 21/8/2024 21:07 by plasybryn Buying out banana skin prone Hummingbird is an interesting idea. Has that been mentioned before. HUM also has a potentially valuable interest in Digby which is undergoing a strategic review. With it haemorrhaging cash it is surprising the Bank has not pulled the rug and a fire sale does sound possible. Resolute will be pouring off cash and will need a strategy to deal with it that satisfy investors. Can you believe it remains so undervalued |
Posted at 19/8/2024 07:54 by metis20 Up 8.7% on ASX todayH1 results likely this week |
Posted at 30/8/2023 14:29 by the count of monte_cristo Mining companies operating in Mali may now have to contend with ownership of just 65% of their projects after a law was signed giving the state and domestic investors the right to take up stakes of up to 35%.Resolute has an 80% interest and the Government of Mali holds the remaining 20%. The Tabakoroni complex is owned by Société des Mines de Finkolo S.A. (SOMIFI), part of the Resolute Group. |
Posted at 27/5/2022 09:49 by the count of monte_cristo Well, it's not that significant for the market cap, helpful but probably doesn't warrant a big move. Although the UK investors have got this one totally off the radar. |
Posted at 14/10/2020 06:58 by bubloo great news on tabakoroni update and I understand some more good news coming from LOM on seam update. Investors have overlooked enormous potential here. I have picked some around 53 p and hoping this to gradually go back to around 80 p |
Posted at 19/8/2020 07:42 by arja how wrong I was with Mali news and I took a big hit . Always risky holding a dual listed stock as captive prisoner until UK market opens . Tried to short RSG in OZ at 126 but IG would not let me and it fell to 111 at close after hitting 108. UK investors beware of dual listed unless UK is lead market but OZ is lead market for this stock.Could fall to chart support level of about $1 in oz tomorrow but who knows for sure ! |
Posted at 26/2/2020 10:27 by mattjos the SPP has come up with A$23.3m out of a max A$25m so, pretty well taken up by existing investors in Aus & NZ. |
Posted at 19/2/2020 21:14 by mattjos Pleased to see a few existing investors raising their hands at the back of the quiet room :-) The business looks well set just now, particularly as you say after the recent sale of the aus mine and the equity raise to reduce debt.We should be seeing some strengthening cash flows off pog.Should be at/near the bottom of the price range & lift from here, imo. |
Posted at 05/12/2019 09:13 by homebrewruss Good news today. Also just found this crux investor interview from a few days ago: |
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