RRL regis resources limited

Ann: Quarterly Activities Report, page-11

  1. 647 Posts.
    lightbulb Created with Sketch. 59
    Umm it's not that bad.
    Sales receipts for Q was $309m for 99Koz.
    Guidance for FY 455koz.
    UMMM my calculator says FY revenue aprox $1.42b.
    And the price of gold has touched $3,700 oz Aus

    And I would like to say!
    I bought in big and participated in the Capital raise when Tropicana was bought.
    I am sadly out of pocket a lot.
    Suffered pain in the time price was low.
    I would appreciate a dividend which company will be able to afford.
    Tropicana after many years seems cheap at today's figures.
    Mcphillanys construction costs are excessive @$1.2 B
    RRL should wait for those costs to fall.
    I remember the days when it cost $340m to build a new mine.
    Look after shareholders first, maybe a share buyback with Surplus cash.
 
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