Where do you see exploration finding new deposits? Honest open question.
To my knowledge the main tenement areas present limited exploration upside.
Duketon mostly drilled out - already known
Mcphillamys mostly drilled out - already known
Tropicana mostly drilled out - already known
There is a very low chance of a major discovery on the existing tenements. The company's biggest issue IMO is its inability to control costs. This seems like a trend that formed when the old management all left and the new management was brought in. I am prepared for the SP to go lower, maybe that can be a wake up call to management to shape up.
McPhillamys, page-12
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.76 |
Change
-0.005(0.28%) |
Mkt cap ! $1.325B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.77 | $1.75 | $2.541M | 1.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 29711 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 5851 | 2 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |