Don't forget 20M of that was a tax refund, not cashflow from operations.
But also don't forget the rain event hit ops until the later half of April. I had thought the rain recovery was before April but was further into this quarter than I had originally thought.
Im not unhappy with the result, but as others have pointed out RRL has a growth problem, and while duketon area has good mineralisation, the risk and likelihood is that we will have to go UG/open a new mine. Which requires capital.
with all that said, I am still of the belief that RRL is cheap, and with a market cap of 1.4B, the cashflow generation is solid. On the proviso they can replace those ounces which I believe they can RRL has a lot of upside.
McPhilllamies is a call option on a new area and too expensive to touch in the next 18-24 Months at least.
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Last
$4.33 |
Change
0.000(0.00%) |
Mkt cap ! $3.272B | |||
| Open | High | Low | Value | Volume |
| $4.35 | $4.41 | $4.31 | $8.692M | 1.994M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $4.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.33 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| RRL (ASX) Chart |