RRL regis resources limited

Tropicana, page-37

  1. 6,007 Posts.
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    The NSW L/NP government will be very keen for the economic activity. As long as Mcphillamys environmentals are reasonable, they will wave it through and give holders a vigorous re-price.

    RRL could look quite different in a year or two: Duketon 370k oz, Tropicana (30%) 150k oz and Mcphillamys 200k oz = 730k oz. Three big producing Au mines, a diluted and run-down hedge book, solid exploration targets and debt in active run-off.

    Uncertainty whether AngloGold exercises pre-emptive rights. Alternately, they may decide to realise Tropicana and sell the rest. Stranger things have happened.

    Ash
 
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Last
$4.32
Change
-0.010(0.23%)
Mkt cap ! $3.268B
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