Resolute Mining - How Low will it go ?

[Daytr]

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. 🤣

[Daytr]

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.