I got out at the open. At current gold prices it is not worth developing....effectively all their free cash flow in the next few years will be needed for this development.
They should just ramp up exploration in WA and pay the rest out as dividends
Ann: McPhillamys Gold Project Definitive Feasibility Study Update, page-32
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.98 |
Change
-0.015(0.75%) |
Mkt cap ! $1.493B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $2.00 | $1.97 | $1.234M | 622.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 21037 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 12465 | 17 |
View Market Depth
| Last trade - 14.42pm 09/10/2024 (20 minute delay) ? |
| RRL (ASX) Chart |