Resolute Mining Share Discussion Threads

[the deacon] 13/1/2020 07:34

Looks a decent update

[sammu] 13/1/2020 07:23

That debt figure above is A$ -561. Net debt is USD is $267m.
They plan to "significantly reduce debt" through cashflow in the current year.

[spectoacc] 10/1/2020 08:01

Gold pulled back but only a little.

Been a terrible buy so far!

[sammu] 09/1/2020 13:15

Selling Bibani or Ravenswood to pay down debt would probably lead to a re-rating. Should be a strong market for proven oz projects ready to go given the gold price.

[the deacon] 08/1/2020 08:20

Debt up by $31m over the quarter to $561m. That's a fair chunk

[spectoacc] 08/1/2020 07:55

Looks good to me, not sure why the recent fall when gold been so very strong. Up to new 7 year highs now.

[bearbulls] 08/1/2020 07:19

rns very good results

[mikeh30] 06/1/2020 11:08

Also de escalation between Iran and America will knock gold price making RSG look smarter

[mikeh30] 06/1/2020 10:50

How much have they hedged so far? Under 40% of total production. I'd say it's smart hedging at the price they have let the rest run. It protects their cash flows which makes it more investable. Looking for £1 medium term

[spectoacc] 06/1/2020 10:35

In. Suspect only the hedging programme stopping them being higher, but gold really turned now, up another $25 today.

[sammu] 20/12/2019 12:05

Good grades. This share price seems to have struggled. Trading at the same kind of level as when gold was around 1300. The recent problem seems sorted without significant issues. Toro acquisition seems sensible. So maybe selling holders from the toro acquisition shares have been causing an overhang. Also maybe the market is concerned about capital needed for Ravenswood and maybe Bibani. The recent review of this may help allay fears.

[someuwin] 12/12/2019 15:16

Amazing grade - 12m at 93.61g/t Au.

[homebrewruss] 05/12/2019 09:13

Good news today. Also just found this crux investor interview from a few days ago:

[homebrewruss] 25/11/2019 10:58

Yes, chart has hopefully bottomed too

[someuwin] 25/11/2019 10:54

Resolute Mining‏ @ResoluteMining · 14 minutes ago

@ResoluteMining is pleased to announce at today’s #MinesandMoneyLondon that it will partner with globally leading power generation provider Aggreko Intl. to develop a new hybrid modular power station at Syama Gold Mine in Mali. To read more visit -

[someuwin] 25/11/2019 10:51

Very positive news today.

[fuji99] 11/11/2019 10:51

IF we compare RSG to CEY, one has a feeling RSG is not yet well known in the market. Once they discover this gem, the share price will be already far over £1.

[homebrewruss] 08/11/2019 09:49

Perhaps due to GOLD going down last night re supposed Trade War cooling?
Bought a few more myself today.

[fuji99] 08/11/2019 09:01

Why the early morning drop despite some good news ? Any negative interpretations ?

[fuji99] 01/11/2019 09:04

I would add that RSG is more diverse as it has gold mines in more than 4 countries. It is also working hard to introduce efficiencies and early planning to many strategic items thus impacting on loads of savings. It has also a dynamic and forward looking management. Excellent characteristics to be able to perform well. RSG is a recently listed company not yet on the radars of many, which is going to become big within just a few years. Another medium to long term gem.

[homebrewruss] 31/10/2019 08:04

Agree.
Half the price of CEY with similar production and aisc plus more growth to come next year.

[fuji99] 31/10/2019 07:13

Excellent progress and report. RSG is slowly but surely building itself to become a major. Remember Randgold Ressources (RRS) ? Similar on the way.

[fuji99] 30/10/2019 16:44

"Resolute is currently commissioning the world’s first fully automated underground mine at Syama which will deliver a low cost, large scale operation with a mine life beyond 2032."
This is very interesting indeed to follow as margins will significantly increase.
This gold miner is not yet on the radars of many institutions.
The next results and news will be the trigger.

[arja] 29/10/2019 07:38

likely to be off about 3p today with gold down and consolidating for some days .

[homebrewruss] 25/10/2019 14:05

Good news today with a relatively quick resolution and no change in production guidance.

Chart looks to have turned plus gold on the up again.
A view on the chart here: