on a comparative basis, there's another producer out there with a similar mcap that has nil debt (as of dec), producers 85% more gold and double the CF. I know all apples aren't the same and we shouldn't be applying such basic analysis, but it does highlight that RRL is well respected and supported by the bigger end of town.
On a side note: RRL produces at a very low grade and moves a massive amount of dirt for each oz, hence, I expect them to be one of the bigger beneficiaries for the recent fall in the POO. Probably won't be evident this quarter - the next is looking good though - maybe the market is sniffing that and getting ahead of earnings?
Cheers
SD
RRL Price at posting:
$2.10 Sentiment: Buy Disclosure: Held
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