McPs had a projected AISC of about $1300 if I remember correctly? The company would still be making good money even if there was a moderate increase in commissioning costs.
The company did mention higher costs coming back from partners in the Diggers and Dealers presentation to which they replied with a please explain. I am sure if the quotes become prohibitive they could also shop the work around.
I couldn't help myself @ $2.30, I sold part of my holding in NST and bought more of these.
A pretty big decline today, relative to others in this list, and we were down more than everyone else yesterday, which means we are down about 6% in 2 days.
In relation to shorts, not a lot going on according to Shortman, but there is a bit of a delay with that data.
Gold is still trading at $2450 AUD
RRL Price at posting:
$2.28 Sentiment: None Disclosure: Held
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