Hey Stanley,
I think RRLs failed attempt at CMM has basically shut that door in the near term, plus, having Mcphillamy's as its internal growth as you say.
That being said, I would not be that surprised if RRL did look at doing a merger with another mid tier Australian based producer.
Not that there are many options currently. As you say, so far, they are keeping guidance, but, I still think its going to be a stretch to hit it.
The new U/G ore is probably going to make or break it for FY2021.
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$4.41 |
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| Open | High | Low | Value | Volume |
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| RRL (ASX) Chart |