CORRUPTED PRICE COntintues = RRL mill ingot gold of 500,000 - 550000 Revenue annually. Costs are Parasite Macquarie Gold hedging + normal costs. macqaries gold hedge at now seemly normal rate of 25000 ozzies a quarter = 100000 annually.. That leaves the COmpany with 400-450000 ozzies in got gold for profit. A average after costs of 1000 $$$ per ozzie times 400 -450 ozzies annually = 400 - 450 million = PROFIT.. The RRL Co has hundreds of mills of CASH already in its warchest and no real debt. So even if not subtracting the hundreds of millions from MC (market capital) befor doing the PE ratio (profit/equity) ?? PE ratio is it 4 or 5?? as years it will take profit to add up to the MC value... The RRL COmpany has reliable , maintained large producing REAL gold from good gold dirt. The existing operations is able to expand to larger with a NSW booked 2+ million ozzie tenancy waiting for the go a head.. That expansion has been stated by COmpany that can be self funded by the PROFIT of the RRL's latest GOLD acquisition Tropicana. The RRL has also rites to expand its holding in Large Tropicana producing Gold of 500000 ozzies if desired. But Macquarie???? as what told gold Stock price ???
RRL Price at posting:
$2.13 Sentiment: Sell Disclosure: Not Held
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