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RSG Resolute Mining Limited

33.70
0.00 (0.00%)
Last Updated: 08:43:37
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
  0.00 0.00% 33.70 33.80 34.40 - 27,179 08:43:37
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 631.07M 65.58M 0.0308 21.43 717.49M
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 33.70p. Over the last year, Resolute Mining shares have traded in a share price range of 15.50p to 34.40p.

Resolute Mining currently has 2,129,050,013 shares in issue. The market capitalisation of Resolute Mining is £717.49 million. Resolute Mining has a price to earnings ratio (PE ratio) of 21.43.

Resolute Mining Share Discussion Threads

Showing 551 to 573 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
15/7/2024
17:16
Think results are August 20th
joey52
15/7/2024
17:11
Nice buying into the close, gold up again 2433.46 results cant be too far away.
avsome1968
08/7/2024
13:05
Shares performing very nicely again today - lots to come here.
cowie19
08/7/2024
07:39
Up 4.6% on ASX
someuwin
05/7/2024
20:54
I got ADVFN to correct the number of shares in issue in their data. So the market cap is now showing correctly.
someuwin
05/7/2024
10:09
Took another 17k this morning good position here now, time to sit on my hands for the time being and lets look were we are in 6-9 months time.
avsome1968
05/7/2024
08:17
Yes, very good interview. This is a fantastic recovery / growth story now as shown by the bowl forming on the long term chart.
someuwin
04/7/2024
20:41
Nice watch / listen - thanks trader465.
cowie19
04/7/2024
20:09
Resolute Mining (LSE:RSG) - Gold Turnaround Reaches Inflection Point
trader465
04/7/2024
13:59
Wake me at 100p
trader465
04/7/2024
13:56
above 30.3 looks very positive.
cowie19
28/6/2024
12:05
Added more and accumulating a nice position here.
stacey68
27/6/2024
07:10
Trader hedge didn't finish till march so my calculations are a tad different.

30k a month mined.
9x30= = 270,000oz
so $130m by year end still pretty good though trader.

avsome1968
21/6/2024
10:37
Simple beer mat calc….

$110 off AISC and average gold up $300 on last year is a total of $410 per oz gain on 350,000oz over last year or $143m by year end 24

trader465
21/6/2024
08:32
Great bowl forming on the long term chart. Very bullish indicator.
someuwin
20/6/2024
16:24
Another top up today, metal prices perky, RSG chart looks great
cowie19
06/6/2024
20:17
Topped up another 10k shares at 29p this morning. My only surprise is that these are not already in the 30s, just a matter of time I think.
cowie19
28/5/2024
18:03
Be well over 30p by the end of the year.
avsome1968
28/5/2024
18:02
Chair Transition and Appointment of Non-Executive Director



Martin Botha to retire as Chair and Non-Executive Director on 31st August 2024 as Andrew Wray appointed as Non-Executive Director




Resolute Mining Limited (Resolute or the Company) (ASX/LSE:RSG) is pleased to announce the appointment of Andrew Wray as a Non-Executive Director of the Company. Following Mr Botha's retirement, Mr Wray will succeed as Chair of the Board of Directors of Resolute.

Mr Wray is a seasoned mining executive with extensive executive and Board level experience in Africa. Mr Wray has held positions at both CEO and CFO level, as well as having substantial banking and finance experience advising companies in the mining and other sectors. He has led successful business turnarounds with responsible project development, built leadership teams, and executed corporate acquisitions as well as asset sales.

Mr Wray, the former CFO of one of Africa's largest gold producers - Acacia Mining, was most recently CEO of West African focused gold miner Golden Star Resources. Prior to this Mr Wray was CEO of the specialist mining investment company La Mancha.

Before entering the mining industry, Mr Wray spent 14 years at JP Morgan Cazenove, where he worked with a number of UK listed mining companies. He has had non-executive director roles at Evolution Mining and Golden Star, and currently Chairs Vedra Metals, a joint venture involving Appian Capital Advisory, a specialist mining focused private equity group

avsome1968
28/5/2024
15:53
Roll on 30p dealings getting closer today. This can go much higher.
cowie19
22/5/2024
01:53
Moving nicely in Oz. .55 trading.
cowie19
21/5/2024
09:50
Should be generating buckets of cash at these gold prices

Net cash at 31/12 was $14M
Net cash at 31/03 was $34M, so $20M increase in first quarter.

That was based on 76T oz, selling for $1,950/oz (hedged price) with an AISC of 1,487

If we say Q2 will be 84T oz as plant fully running (not shutdown for planned maintenance) then this will be 160T oz in H1 and 185T oz in H2 (H2 weighted) for the low end of guidance.

So not only will AISC go down but more importantly the gold price is averaging around 2,300 oz for Q2 and we are now fully unhedged. At 1,950 we were making $20M cash, now another 350$ (pure profit per oz). So 84,000 x 350 is 30M, so for Q2 our cash balances should increase by around $50M!!! So in July update we could have net cash at around $84M.

If gold prices averages 2,300 for H2 then 185,000x350 = $65M + 2 x $20M for basic profit at $1,950 oz, so that would add another $100m net cash by year end.

That is $184M + I believe RSG are also still due A$50M (around $30m) from sale of Ravenswood which means net cash at year end could be over $200M.

odsjp
20/5/2024
12:12
Nice positive few days here.
cowie19
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older

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