RSG 7.08% $1.74 resolute mining limited

Resolute volcano eruption

  1. 1,156 Posts.
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    The trade war and the outperformance of Syama will start volcano in share price.
    - The Aussie dollar is sub 70c and with impending rate cut, it is expected to go further down.
    -the trade war is getting investors to move to gold safe haven.
    -ramping of Syama and increasing production with decrease cost is evident and here are the facts:
    Q1 56,000 at A$1560
    Q2 74,000 at A$1360
    Q3 98,105 at A$1039

    we need 72000at A$1161 to get to the target of 300,000at A$1280

    there is clear evidence of the momentum of reducing cost and increasing production.

    I think you guys got the message.

    Good Luck

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