The portfolio gave back some ground in the week posting a loss of -3.70% while cash sits at just under 9%. For the month of September, the portfolio was strong adding +5.91% in a market that went backwards and after the first quarter of the new FY, the portfolio is up 9.84% - another pleasing result to date.
Resolute Mining (RSG) is a producing miner with 395koz throughput in 2020 with an cost (AISC) of $1,074/oz – a pretty handy margin to the current spot price. Shares have more than halved since the middle of last year.
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