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  1. #31
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    Quote Originally Posted by SailorRob View Post
    400M of free cash in this year? 5 times what they have ever made before??

    Seriously? Are they going to win LOTTO?
    You obviously haven't looked at the reports.
    Increased production, delivering into the current gold price, not their out of the money hedge book anymore. No more debt, paid off last quarter.
    Production likely to increase substantially further in the year following.
    Perhaps do the numbers before going off half cocked.

    Wouldn't expect you would put any serious thought into it on your track record.
    Your too busy with the chip on your shoulder.
    Just more rubbish from SailorBoy.

    SailorBoy saying no, surely is the ultimate buy signal. 🤣
    Last edited by Daytr; 14-05-2024 at 09:13 PM.

  2. #32
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    Actually to keep it simple for some...
    Estimated ASIC production cost is USD1350 providing a USD1000/ounce margin over ASIC at the current gold price.
    Estimated production 365,000 ounces.

    Free cash over ASIC without any reinvesting into development, and overhead costs A$550M. So free cashflow after reinvestment & overheads, before tax of A$400M is probably conservative.
    Current market cap A$1Bln.

    Production set to increase by 50k toz with already advanced expansion.

    Company ambition to become a 500k ounce producer in the near term.

  3. #33
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    Only a couple of weeks away from the quarterly report that should start to reflect the new phase of Resolute, with no otm hedge book and no debt. They just got paid $50M for an asset they offloaded in Australia with another $50M due in the future.

    But the real kicker is the production increasing to 415k toz pa with a margin of around USD1,000 per ounce over ASIC.
    Do the math, it's huge for a company valued at $1.3Bln AUD.

    I saw Van Eck has just became a major shareholder, I've been filling my boots and now locked it.

    In a couple of weeks when the quarterly comes out the market will realise that this once perennial under performer is now a different company.

  4. #34
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    I just did some calculations and at the current price of gold and AUD exchange rate RSG should be 100% cash backed in 2 years.
    Yep thats circa $1.3Bln.
    What are they going to do with all the cash?

  5. #35
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    Three weeks until the quarterly confirms the turnaround story and what a cash cow RSG has now become.

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