I suppose you could view this as them finally being honest....
DNO has months left before being put into C&M.
This will reduce RRLs production profile by 40-60k p.a.
Pretty sure that will make RRL a sub 400k p.a producer, but... I will wait with baited breath for FY25 guidance.
perhaps RRLs last.... quarterly loss for a while (until they attempt to develop McPhil. $300m debt still to chew through as well.
I think the market will continue to find it hard to value RRLs assets...
Good luck to all holders though.
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Last
$4.02 |
Change
-0.075(1.83%) |
Mkt cap ! $3.091B | |||
| Open | High | Low | Value | Volume |
| $4.01 | $4.04 | $3.96 | $2.420M | 603.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 14208 | $4.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.02 | 11160 | 13 |
View Market Depth
| Last trade - 10.43am 01/08/2025 (20 minute delay) ? |
| RRL (ASX) Chart |