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.
Ann: Quarterly Activities Report, page-5
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Last
$1.73 |
Change
-0.008(0.43%) |
Mkt cap ! $1.310B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.80 | $1.72 | $5.251M | 3.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 25661 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 89399 | 44 |
View Market Depth
| Last trade - 12.31pm 17/06/2024 (20 minute delay) ? |
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Last
$1.73 |
Change
-0.008 ( 0.13 %) |
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| Open | High | Low | Volume | ||
| $1.80 | $1.80 | $1.72 | 669970 | ||
| Last updated 12.51pm 17/06/2024 ? | |||||
| RRL (ASX) Chart |
