It isn't complicated. Costs have gone through the roof across the board.
They had anticipated running stockpiles through the DNO mill once the current open pit reserves are exhausted. Sounds like may be marginal to do so however unless gold stays at these levels or goes higher.
If I was a betting man I suspect might put DNO into care and maintenance until they can prove up the Commonwealth prospect or other higher grade milling feed.
Ultimately there is no value in 60k oz of annual production if it is not making cashflow.
- Forums
- ASX - By Stock
- RRL
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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 |
$1.78 | $1.79 | $1.75 | $4.830M | 2.742M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 71476 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 1005 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11825 | 1.745 |
3 | 8253 | 1.740 |
2 | 5403 | 1.735 |
3 | 12603 | 1.730 |
3 | 13306 | 1.725 |
Price($) | Vol. | No. |
---|---|---|
1.765 | 5825 | 1 |
1.770 | 5825 | 1 |
1.775 | 5825 | 1 |
1.780 | 6225 | 2 |
1.785 | 57323 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online