ASX:RSGMetals and Mining
Resolute Mining (ASX:RSG) Is Up 6.7% After ABC Scoping Study Highlights Conceptual Cash Flow Potential – Has The Bull Case Changed?
Resolute Mining Limited recently released a Scoping Study for its ABC Project in Côte d’Ivoire, outlining a potential 12-year open-pit operation producing about 141 koz of gold per year at an all-in sustaining cost of US$1,614/oz, with upfront capital of US$648 million and a conventional 7.0 Mtpa carbon-in-leach plant.
An interesting aspect is that the Study’s robust economics, including a post-tax net present value at 5% of US$1.18 billion at a US$3,500/oz gold price, are entirely based on...