market jusr punishes rrl.
i dont actually know what is so negative in the announcement tbh. usual government delays and hoop jumping and a blow out in construction costs. both if which are arguably known.
these arent committed funds its a DFS. the numbers either make sense or they don't. we arent halfway through building it and get a quarterly update saying oops we spent an extra 200M than planned.
and even if it was a fantastic dfs, mcphillamys too far down the road to capitalise on current gold prices.
Ann: Pause in Trading, page-57
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Last
$1.62 |
Change
-0.035(2.12%) |
Mkt cap ! $1.220B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.64 | $1.51 | $18.53M | 11.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 3208 | 3 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |