RICK RULE THINK FEW OF the Aussie gold miners are m&a target.. RRL is in the $2billion range they mention. Good summary
Market Cap: $1.62 billionAnnual Production: 372,870oz (FY21)
Profit After Tax: $146 million (FY21)
P/E Ratio: 8.44
Earlier this year, Regis announced a game changing acquisition — a 30% interest in the Tropicana gold mine for $903m.Tropicana is a tier-one asset with a production outlook of 380,000oz to 430,000oz in FY21. It has a current 10-year life with additional upside.
The immediate impact is clear: Regis solidifies its position as a top 5 Aussie gold miner with annual, low-cost production of ~500,000oz per year from FY22 onwards.DY
On the development front Regis could decide on a second underground mine at its Garden Well orebody at Duketon this quarter, while it continues to wait impatiently on government approvals for the 2.02Moz McPhillamy’s project in regional NSW.
DYOR & GLTH
- Forums
- ASX - By Stock
- RRL
- Under valued
Under valued, page-504
-
-
- There are more pages in this discussion • 725 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RRL (ASX) to my watchlist
|
|||||
Last
$1.73 |
Change
-0.185(9.69%) |
Mkt cap ! $1.302B |
Open | High | Low | Value | Volume |
$1.79 | $1.82 | $1.72 | $18.97M | 10.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 73866 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.73 | 76752 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 73866 | 1.725 |
17 | 114076 | 1.720 |
8 | 91241 | 1.715 |
8 | 96434 | 1.710 |
7 | 92582 | 1.705 |
Price($) | Vol. | No. |
---|---|---|
1.730 | 76752 | 6 |
1.735 | 93265 | 8 |
1.740 | 105684 | 10 |
1.745 | 89307 | 6 |
1.750 | 78993 | 7 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |