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2020 Annual Report Resolute Mining Limited (ASX/LSE: RSG) has today published its 2020 Annual Report for the year ended 31 December 2020, available on the Company s website www.rml.com.au . The full financial report is available at the Company s website www.rml.com.au . The following sections are set out in this announcement: · Directors Report · Consolidated Statement of Financial Position · Consolidated Statement of Changes in Equity · Consolidated Cash Flow Statement · Notes to and forming part of the Financial Statements · Auditor s Independence Declaration · Mineral Resources and Ore Reserves Statement · Further information pertaining to the Company s operational and financial performance, sustainability performance, risk management, corporate governance and corporate directory
Results of Operations The consolidated loss for the half year ended 31 December 2020 amounted to $2,317,327 (2019: $1,591,389 loss). Review of Operations F or the reporting period the Company continued to manage the advancement of the Cinovec Lithium/Tin Project in Czech Republic. The macro conditions relative to the Project have been very strong for the period. Global lithium prices steadily increased, with more dramatic increases seen immediately post the period. In addition to the global conditions, support within the European Union (the Company s region of operations) for battery metals project development has increased substantially. Some significant highlights of the project development and EMH level initiatives for the period are as follows.