African gold miner Resolute Mining is thinking about taking the quick route to balance sheet repair, in a bid to re-set the company’s finances and get the debt monkey off its back.
African gold miner Resolute Mining is thinking about taking the quick route to balance sheet repair and to help restock its warchset for works at its Syama project in Mali.
It’s an expensive time for Resolute Mining to be thinking about raising equity - its shares are down 45 per cent this year and are trading 81 per cent lower than where it raised January 2020.
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