Yes, and whilst reserves and resources are very different things, and the difference between a resource and a reserve in many established mines is a couple of hundred thousand dollars of drilling and assaying.
I would suggest you refer to the Diggers and Dealers video for AngloGold Ashanit to see a detailed presentation and understand the prospects of the Tropicana mine.
Any claim that RRL only purchased 0.8m oz of gold for $900m with zero upside is completely disingenuous.
Ann: Quarterly Activities Report, page-88
-
- There are more pages in this discussion • 11 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
$2.70 |
Change
-0.010(0.37%) |
Mkt cap ! $2.039B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.73 | $2.62 | $9.888M | 3.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 6532 | $2.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.70 | 41444 | 5 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |