I find it interesting that RRL feels so confident in stating they have 3.6m ounces in reserves, when... clearly only 1.6m of those are actually able to be produced, with the other 2m ounces in a deposit on the other side of the country.
Currently, RRL has just over 4 years of production at 360k p.a. It used to be that RMS was seen as a poor cousin due to its short mine life position, yet... here sits RRL.
Anyway, I am hopeful that the management team have finally realised how lazy and comfortable they got, which has led them to sitting in this position.
Ann: Denver Gold Forum 2020 Presentation, page-2
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Last
$2.15 |
Change
0.120(5.91%) |
Mkt cap ! $1.623B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.15 | $2.06 | $16.20M | 7.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9345 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 158329 | 8 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
$2.15 |
Change
0.120 ( 5.95 %) |
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| Open | High | Low | Volume | ||
| $2.09 | $2.15 | $2.07 | 1388481 | ||
| Last updated 15.59pm 20/05/2024 ? | |||||
| RRL (ASX) Chart |