RICK RULE THINK FEW OF the Aussie gold miners are m&a target.. RRL is in the $2billion range they mention. Good summary
Market Cap: $1.62 billionAnnual Production: 372,870oz (FY21)
Profit After Tax: $146 million (FY21)
P/E Ratio: 8.44
Earlier this year, Regis announced a game changing acquisition — a 30% interest in the Tropicana gold mine for $903m.Tropicana is a tier-one asset with a production outlook of 380,000oz to 430,000oz in FY21. It has a current 10-year life with additional upside.
The immediate impact is clear: Regis solidifies its position as a top 5 Aussie gold miner with annual, low-cost production of ~500,000oz per year from FY22 onwards.DY
On the development front Regis could decide on a second underground mine at its Garden Well orebody at Duketon this quarter, while it continues to wait impatiently on government approvals for the 2.02Moz McPhillamy’s project in regional NSW.
DYOR & GLTH
Under valued, page-504
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$2.02 |
Change
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Mkt cap ! $1.526B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.04 | $1.98 | $6.268M | 3.117M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 55895 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 117481 | 10 |
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