Member Info for 42trader

Not to forget Gms is far from its hay day of making 100k a day from its largest boats. Currently on about 30k a day. Highly cash generative but still scope for a lot more to come. Of course with a lower interest rate now they will pay off the debt quicker now also.

Last thing I would want now is a TO offer. It would be a low ball price.

Yes all good and no nasty surprises. Good to hear cash will last further now to mid 2024 which will put to rest fears of cash burn and at least some cash will start to come in soon. Due to low liquidity the sp can move quite quickly in both directions, which should explain to some people the sharp rise then fall in the sp in the last couple of months, as opposed to suggestions that this was pumped and dumped.

Surprised no word from RSG about this:

https://wcsecure.weblink.com.au/pdf/RSG/02670855.pdf

Big news on its way today.

Maybe some news due out. Otherwise it’s just on breaking above resistance level and a cup and handle play in motion.

April 27 - Resolute Mining RSG.AX :

* QUARTERLY PRODUCTION (GOLD POURED) OF 92,259 OUNCES (OZ)

* ALL-IN SUSTAINING COST (AISC) OF A$1,453/OZ FOR QUARTER

* QUARTERLY GOLD SALES OF 88,151OZ AT AN AVERAGE REALISED
GOLD
PRICE IN LINE WITH AVERAGE SPOT PRICE OF A$1,890/OZ

Source text for Eikon: ID:nASX5nqnZD
Further company coverage: RSG.AX

AISC had got lower while the average spot price has risen = more profit for RSG.

male hen*

Richard Crow aka ****neyRebel just post a write up.

https://****neyrebel.substack.com/p/kitwave-another-zulu-in-the-making

Obviously you will need to fill in the blanks, ie what a make hen is called.

If gold rose to 2100 what would be the increase in profit for PAF?

Those first 4 letters are what you may call your manhood. Or ****ney, what a londener is called.

Worth a read:
https://****neyrebel.substack.com/p/card-factory-an-undiscovered-zulu

There are obvious risks due to the location, but if you delve into rsg it offers a lot more than shg imo. Bigger production and it hasn't really started on exploration yet or reducing costs. It also does not need to be funded again, as future exploration will come from fcf. If gold price continues to rise all the miners should do very well, but the potential of rsg is far greater than shg.

Well it will be interesting to see who has been buying recently. Nice £285k buy today.

I was thinking the same when I read it yesterday. I suppose it brings some stability to the area which has put off many investors and quite understandable.

This interview is a month old but worth a listen.
https://youtu.be/weDGywQXzJo

Certainly did pop. But I’d rather hold a little longer.

I see where your coming from, but imo it is not a CAH, left side is too high up. Ideally the left and right side need to be of similar height, but that's just my view. As long as shg can stay above the 50 and 200 ma it will eventually break the 13p resistance. Some good news will do it.
Yes Angelis, there is a very good CAH in the weekly and monthly chart. Could play out soon or could be a year or two away though.

No cup and handle pattern in shg. But it has broken above support so hopefully higher to go providing seller has finished.
There was a good cup and handle pattern on rsg though.

RNS put out to look all rosy, saying 40% increase in revenues on last year and 100% increase yoy for 2024. Trying to make it all look good when actually it is a decrease in forecasts by a big amount.
CEO stepping aside to concentrate on a particular project of the business is a polite way of saying he is no good at running the company and has failed to live up to what was the targets.
Regarding coverage on VOX, you need to understand SED will have paid VOX for the coverage and a bullish view by Paul Hill. If he thought it was a good company he would of bought them, but he is not a share holder.
SED talk of having enough cash and being profitable in 2024 but I do not see it myself and I would not trust them tbh.
No sign of any reversal in the sp, it is still in a downward spiral. Probably end up be a penny stock and then need a fund raise as they miss targets.

IC released a report on shg. Tick up on Tomorrow.