Quick question,
Apart from tropicana and McPhil, is the reason that mine life hasn't been extended due to disappointment in drilling or lack of drilling?
I have started re entering below $2.70 and building a position, tropicana is a good resource even though we over paid, RRL is still making good margins even though costs have risen and the hedging overhang will be here a while. McPhil will be approved at some stage IMO but we will see how that will look eventually(costs involved).... water being the main issue from what I can see(in terms of approval).
A busy 6 weeks that will transform the Co & sp, page-3
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Last
$2.56 |
Change
0.020(0.79%) |
Mkt cap ! $1.934B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.60 | $2.50 | $9.634M | 3.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 74233 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 1583 | 3 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |