RSG 10.3% 43.0¢ resolute mining limited

Strategic partner versus takeover

  1. 1,247 Posts.
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    RSG ha good quality long life mines and has been aggressively developing them and introducing full automation system at Syama which when successfully will re rate the company big time.


    It has attracted the eyes of rich Egyptian families.

    Here is what I am expecting, all in my opinions:

    - A strategic stake by NS or his son Hany in the company.

    -Listing of the company on London Stock exchange and that will attracts more investors.

    -Syama is completed this month with announcement regarding this and full commissioning in June 2019.

    - The Fed will pose rising rate for most of 2019 to please Trump. Gold will spike force  the first three months of 2019.

    - A launch of takeover offer from big Goldie’s who have presence in Mali or Africa, upon the release of more positive news from the company.


    It is coming guys with low ball figure to start with at $1.55, We wait.


    My thoughts.


    Cheers, Sydney

 
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Last
43.0¢
Change
0.040(10.3%)
Mkt cap ! $915.4M
Open High Low Value Volume
39.5¢ 43.5¢ 39.5¢ $7.890M 18.87M

Buyers (Bids)

No. Vol. Price($)
4 51900 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 111352 4
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
43.0¢
  Change
0.040 ( 11.3 %)
Open High Low Volume
39.0¢ 43.0¢ 39.0¢ 4833554
Last updated 15.59pm 28/03/2024 ?
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