Those above trying to equate RRL to CMM are crazy. Obviously the hedgebook has been a weight around this company for years. RRL assets are approx 20 years old with a number of mines moving to underground with much higher costs. CMM is approx 5 years old still open pit and lowest AISCs around. CMM also has reasonable growth options with Mt Bulla. McPhil has been any day since 2011. Future mines/growth will also be in better reg environment WA vs NSW. CMM is printing cash with no book RRL basically breaks even. CMM has very solid management that havnt put a foot wrong. RRL management Jury still out. Reason for RRL is valuation is starting to get silly again. Will be watching closely.
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$2.56 |
Change
0.020(0.79%) |
Mkt cap ! $1.956B |
Open | High | Low | Value | Volume |
$2.50 | $2.60 | $2.50 | $9.634M | 3.757M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 74233 | $2.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.56 | 1583 | 3 |
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No. | Vol. | Price($) |
---|---|---|
3 | 74233 | 2.550 |
8 | 152134 | 2.540 |
5 | 27653 | 2.530 |
2 | 25484 | 2.520 |
3 | 34780 | 2.510 |
Price($) | Vol. | No. |
---|---|---|
2.560 | 1583 | 3 |
2.570 | 22219 | 7 |
2.580 | 121910 | 5 |
2.590 | 96651 | 4 |
2.600 | 73702 | 11 |
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