Resolute Mining Share Discussion Threads

[beckaroo] 14/10/2020 23:09

After September quarter the hedge through to end of 2021 is a total of 150,000 ounces. Some further hedging may have been done since the results in July but if it has it should have been at gold prices higher than the current gold price.

The problem is the 60,000 ounce hedge at about USD1630 per ounce for both the September And December quarters. Maybe once this has gone then the hedge won’t be classed as such a drag

[wassapper] 14/10/2020 18:01

Is it the amount of hedging they have? About 50% of production? Plus they have a lot of debt. Compare to HUM also in Mali which has virtually paid down its debt and no hedging with two new projects on the go. I'm interested in this but there's something not quite right.

But great drilling results agreed.

[avsome1968] 14/10/2020 17:58

I picked up another 10k toady bringing me to 48k now this should steadily rise fill gap in charts 70-75p short term , really good results why cant market see this.

[bubloo] 14/10/2020 07:58

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

[avsome1968] 09/10/2020 16:18

Yep got a good average here 54.50p gap going to get filled in chart 70p pretty quick

[doc_oj] 09/10/2020 15:25

started to move, 80-100p hopefully in the not so distant future

[mrwaterloo] 07/10/2020 08:05

There was a military coup in Mali where the company have one of 2 of their larger facilities.

Sanctions against Mali by local countries have just been lifted.

[doc_oj] 29/9/2020 15:54

took a small position - this seems quite undervalued, am i missing something?

[avsome1968] 28/9/2020 07:49

Back to normal then batteries recharged should see share price rise steadily.

[dickbush] 21/9/2020 08:59

Mali quiet, Wall St futures down, Dollar up. Gold drifting.

[bubloo] 17/9/2020 15:51

ALL worker are being paid. I suspect it is covid preventive measures causing the issue with few workers. I do not think rsg will allow the mine to stop. I have brought 10000 shares. great value here. I see close to 50 % uplift from here in the next few months if not earlier. any opinions very welcome

[avsome1968] 15/9/2020 19:23

Well added a few first thing, wise investment i think come next 12 months this should be treble digits if everything goes smoothly.

[dogwalker] 12/9/2020 10:10

The reason for calling the strike seems incomprehensible.

[someuwin] 09/9/2020 11:41

Sounds potentially quite serious.

"...Given the uncertainty of the impact of the strike and consequential actions that may be taken by the Company on production at Syama, Resolute withdraws production and cost guidance for the full year ending 31 December 2020."

[dickbush] 02/9/2020 09:06

arja

Latest infection numbers in Australia are double digits a day. The last 7 days suggest a similar daily rate. This is down from over 500/day four weeks ago.

[dogwalker] 01/9/2020 11:32

A sizeable buy, of 10 million, last thing in Australia this morning. Or so it appears.
Should continue to bode well, despite fretting over Mali if anyone still is.

[amunro] 28/8/2020 09:24

Seems some good results.

[arja] 20/8/2020 09:54

I only get up at 1am occasionally if I think there is an opportunity or seems to be and of course on wednesday night when I tried to hedge on RSG but IG would not allow shorts dam them ! ( smile ) . I would like to return home to OZ but will wait until
safer to travel with covid 19 still with us . Much easier to trade UK and OZ markets there without needing to miss a bit of sleep as you know . good luck to you too with your RSG and other investments .

[dogwalker] 20/8/2020 09:20

Oh I see arja. You're a busy person round the clock : good luck at it.

[arja] 20/8/2020 08:32

RSG did well as you know to recover to 213.5 after hitting 206.5 and that would have been a nice trade for someone . missed it but nervous of re-entering after my big loss ! ( smile )

[arja] 20/8/2020 08:29

I said a gold stock and I did short EVN but only made about $200 and hoping for much more- strangely gold stocks recovered well after early dip . What I said was that I can not short RSG online but can short others . Can not short MML either dogwalker

[dogwalker] 19/8/2020 23:03

You tried that yesterday & it didn't work, didn't you?

[arja] 19/8/2020 19:39

gold hit after fed minutes and it will mean gold producer share prioes in OZ will fall tonight although RSG might not be affected by that after wednesday's steep fall. Hopen i can get up at 1am to short a gold stock in auction but must watch the big soccer match tonight !