Resolute Mining Ltd (OTCPK:RMGGY)
$ 5.21 -0.29 (-5.27%) Market Cap: 1.07 Bil Enterprise Value: 1.04 Bil PE Ratio: 88.33 PB Ratio: 1.89 GF Score: 59/100

Q3 2019 Resolute Mining Ltd Activities Report Call Transcript

Apr 30, 2019 / 03:00AM GMT
Release Date Price: $8.15
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Resolute Mining March 2019 Quarterly Conference Call. (Operator Instructions)

Now I'd like to hand the conference over to your speaker today, Managing Director and CEO John Welborn. Thank you. Please go ahead.

John Paul Welborn
Resolute Mining Limited - MD, CEO & Director

Thanks very much, Tara, and welcome to -- listeners to this Resolute March quarterly conference call and what is a really pleasing quarter for the company, record production from Syama and a very strong positive result during the period of time where we continue to make significant investments across the portfolio and specifically at Syama in terms of our ambition with our new underground mine there, not only to create the world's first fully autonomous underground mine, but also to create a sustainable and significant cash flow generator for Resolute for many years to come.

Gold production for the quarter was up 33% to 98,105 ounces, so almost 100,000-ounce production quarter for Resolute, a record

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