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RSG Resolute Mining Limited

27.40
-0.80 (-2.84%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Resolute Mining Limited LSE:RSG London Ordinary Share AU000000RSG6 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -2.84% 27.40 27.00 27.80 27.40 26.00 27.00 1,660,343 16:23:33
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 631.07M 65.58M 0.0308 16.88 1.11B
Resolute Mining Limited is listed in the Gold Ores sector of the London Stock Exchange with ticker RSG. The last closing price for Resolute Mining was 28.20p. Over the last year, Resolute Mining shares have traded in a share price range of 15.50p to 30.80p.

Resolute Mining currently has 2,129,050,013 shares in issue. The market capitalisation of Resolute Mining is £1.11 billion. Resolute Mining has a price to earnings ratio (PE ratio) of 16.88.

Resolute Mining Share Discussion Threads

Showing 401 to 424 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
14/4/2021
07:41
It will be a back handed in a brown envelope
charlie9038
14/4/2021
07:26
So within 7 days they need to provide a comprehensive report to Ghanaian Minerals Commission along with detailed plan for development of mine......... someone's going to be busy for the next few days.
livewireplus
14/4/2021
07:22
So it looks like your question has been answered by todays Bibiani RNS ....
livewireplus
14/4/2021
07:19
Bibiani lease restored but sale put on hold pending approval from Ghanaian government
1nf3rn0
13/4/2021
11:42
Any idea what's behind the rise?
jon4567
13/4/2021
11:38
This will do well today ;)
charlie9038
31/3/2021
16:25
Technically it is "only" one mine, so the body of the business may have lost an arm, but it still has two legs to stand.
vacendak
31/3/2021
16:10
quite good news announcement today I think and it turned around in OZ and UK punters expect an uptick in OZ on thursday it seems . Gold price up over $20 since 6am today when OZ market closed . I might even try a day trade in RSG tonight if I can stay awake until midnight !!
arja
30/3/2021
19:29
Actually, I'm now thinking there's an opportunity here - to buy! Not sure just how significant the current issue is , other than that the local government has agreed to become embroiled , & therefore implicated. Were the Chinese really ever going to pay $100 million for the mine?
The company is fully able to pay down its debt without that sale money. Its prospects elsewhere are excellent. Any compensation from Ghana for the expropriation that's happening/happened will be a bonus.

dogwalker
30/3/2021
19:13
yes, i agree and it was odd that not suspended in UK . I tried to short it with a CFD but IG markets would not allow RSG to shorted . with gold down another $25 since aussie market closed , I might try a short tonight if I am not too tired at midnight !
arja
30/3/2021
15:03
The circumstances when I thought there was a reasonable level of trading here was when the OZ market in these shares was suspended.
Yes , we'll all do our own 'research' with regard to the company & what's happened to its mine in Ghana & there's been plenty of opportunity to sell, at least where the shares have not been suspended.

dogwalker
30/3/2021
13:41
trading levels are irrelevant in this dual listed stock as OZ is main market and where most of volume is. Down again in OZ on tuesday and weaker gold prioe not helping . Chart suggests it has much further to fall unless a good news announcement changes the bearish mood . Sarkcosy is right and best to grit one's teeth and exit as preservation of capital is paramount . Sorry to say this and DYOR of course
arja
26/3/2021
14:14
Reasonable level of trading today considering the circumstances. Including one or two decent-sized purchases - bravo.
dogwalker
25/3/2021
18:49
Sorry dogwalker if I had known I would have done but as I don't hold any stock in this I don't keep a close eye. But what I am saying is that I don't imagine this will end well and better to take what money is left and put it to work asap in something with less political risk. Trouble is at the moment mining stocks are not doing well which is somewhat counter-intuitive given the massive money printing going on all over. My guess is that things will start to perk up after Easter so maybe this is a good moment to pick up cheap stock and put your money back to work. Good luck anyway...i will watch this space.
sarkcosy
25/3/2021
17:35
Shame you didn't post your insightful advice 2 days ago , isn't it, really?
As it is ....

dogwalker
25/3/2021
17:02
I am staying....key is to be working with the right local people then these bad things generally won't happen.
sarkcosy
25/3/2021
16:12
When are you leaving Ghana yourself then Sarkcosy?
dogwalker
25/3/2021
14:24
Lads
I work in the mining space in Ghana. If I were you I would take your losses like men asap and put the money to work making money somewhere else....don"t hang about hoping something will turn up because it probably won't in my view and if it does it may well be even worse than it is now. I have no shares and no interest in this stock but I do have some insight.

sarkcosy
25/3/2021
14:23
Lads
I work in the mining space in Ghana. If I were you I would take your losses like men asap and put the money to work making money somewhere else....don"t hang about hoping something will turn up because it probably won't in my view and if it does it may well be even worse than it is now. I have no shares and no interest in this stock but I do have some insight.

sarkcosy
25/3/2021
07:39
it did and hammered in oz to close at 46.5 ( 25.8p )
arja
24/3/2021
19:23
when did bad news come out as the share price did not tumble in OZ ? must have been after 5am UK time I guess .
arja
24/3/2021
10:57
Looks like the Chinese have found a cheaper way of securing the asset..this is why buying mining stocks in countries where corruption is rife is problematic.
kooba
24/3/2021
09:32
So, on 15th Dec 2020, RSG indicate they are going to sell the mine for $100m. Share price goes up 0.02%. On 24th March, they say they no longer own the mine, share price goes down 25%, gotta love Mr Market sometimes.
theprovosts
24/3/2021
09:15
Yup, they need the $105m to repay debt...
74tom
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older

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