Resolute Mining Takeover Rumours (RSG)

“Surprised it is still at ?400m mka”————-I’m very surprised it’s not much much higher !Let’s take a look at similar London listed gold producers and see what they are trading at !HOC produces roughly the same “gold equivalent ounces” as RSG . Their market cap? £1.1 BILLION!!Centamin Egypt going through a takeover situation producer 450-500k oz / annum! At the top end RSG produces 27% less than CEY! Their takeout price £1.63 billion ! If you equate the gold production level with RSG , you get £1.19 Billion for RSG! There are many more examples ! On a simple EV/ oz of gold produced, RSG is way too cheap! Now just to be clear , I’m not expecting RSG to be valued the same as peers due to recent geopolitical risks but to be valued at a 60% discount is ludicrous!