Quick question,
Apart from tropicana and McPhil, is the reason that mine life hasn't been extended due to disappointment in drilling or lack of drilling?
I have started re entering below $2.70 and building a position, tropicana is a good resource even though we over paid, RRL is still making good margins even though costs have risen and the hedging overhang will be here a while. McPhil will be approved at some stage IMO but we will see how that will look eventually(costs involved).... water being the main issue from what I can see(in terms of approval).
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Open | High | Low | Value | Volume |
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1 | 39871 | 1.725 |
10 | 246649 | 1.720 |
5 | 55728 | 1.715 |
3 | 13134 | 1.710 |
Price($) | Vol. | No. |
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1.735 | 27186 | 2 |
1.740 | 28454 | 2 |
1.745 | 80178 | 5 |
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