I will hold RGL share for now, I believe if their kalgoorlie story is right and RGL exercise the option then it is an average of 3 moz gold inffered JORC resourses can be expected (expectation). if RGL's announcement is correct then the company has done a great job for its shareholders unless RGL board decided to ignore this project (RGL usual attitude is not completing a project and jumping into another project for more green). If RGL excercise the Kalgoorlie option with a discovery in their recent diamong drilling then RGL can declare a development project with 3 moz gold (Why shareholders not seeing any value on this project). 3 moz guys (85 million grams of Gold), assume a least net profit of $1 per gram its values with net profit of $85 million (now RGL share price is 8.5 million MC). cant blame shareholders as we can't actually trust the current RGL Board. they are now running behing lithium- which is good if they could find a best project with high prospect for lithium.
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $6.652M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $1.387K | 231.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 9132170 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 3314448 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 9132170 | 0.005 |
10 | 5599195 | 0.004 |
8 | 5396667 | 0.003 |
11 | 12000001 | 0.002 |
6 | 10000001 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 2679088 | 7 |
0.007 | 4432941 | 6 |
0.008 | 1179617 | 3 |
0.009 | 124046 | 3 |
0.010 | 1703838 | 4 |
Last trade - 10.07am 05/07/2024 (20 minute delay) ? |
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RGL (ASX) Chart |