Yes agreed Inverter. The major problem was the serious flooding event without a doubt.
However even that event has not altered the resource base that RRL has of some 8 million ounces (correct me if I'm wrong)
In the ground without further exploration being added to that total, which should ensure a long life for RRL mining.
Which is a point that many are missing in the debate, ie the stuff is still in the ground and is being won at a good marginal rate.
Do the sums, 8 million ounces diminishing at say 350,000 oz per year equals a long life of mining for RRL. DYOR....GLTA..H.
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Last
$4.30 |
Change
-0.175(3.91%) |
Mkt cap ! $3.242B | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.44 | $4.18 | $12.43M | 2.891M |
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| No. | Vol. | Price($) |
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| 42 | 38839 | $4.29 |
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| Price($) | Vol. | No. |
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| $4.30 | 27939 | 36 |
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| Last trade - 15.20pm 21/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |